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Link copied The Number Of BTC Held On Exchanges Crashed 20% In 12 Months
Mon, 08 Mar 2021, 06:22 am UTC
Data from on-chain crypto information aggregator Glassnode indicates the number of Bitcoin held on centralized exchanges has fallen by roughly 20% in 12 months.
The data suggests investors are accumulating BTC and withdrawing them from exchanges into cold storage, creating a supply crunch.
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Bitcoin (btc)
$55,078.00 (-0.91%)
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Ethereum (eth)
$2,571.41 (+8.13%)
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Binance Coin (bnb)
$572.30 (-2.71%)
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XRP (xrp)
$1.32 (-3.28%)
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Tether (usdt)
$1.00 (-0.02%)
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Bitcoin (btc)
$55,078.00 (-0.91%)
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