Reviewing exchanges with fewer than 20k Bitcoin: the downward trend and outliers

2023-7-11 14:00

Quick Take

Examining exchanges that hold less than 20,000 Bitcoin reveals a list of seven prominent platforms. Notably, Huobi, once boasting 410,000 Bitcoin on its exchange, now retains a comparatively meager 18,258.

This decline reflects a broader trend observed across several exchanges – a depletion of stored Bitcoin.

Despite this general downward trajectory, exceptions exist, such as Binance, which holds an impressive 652,000 Bitcoin. This staggering figure constitutes over 3.2% of the total Bitcoin supply, emphasizing Binance’s dominant position in the cryptocurrency exchange landscape.

Exchange Balance: (Source: Glassnode) Exchange Balance: (Source: Glassnode)

The post Reviewing exchanges with fewer than 20k Bitcoin: the downward trend and outliers appeared first on CryptoSlate.

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bitcoin exchanges once boasting 410 huobi platforms

Источник: cryptoslate.com

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