Mass exodus of Bitcoin: 2.3M BTC leaves exchanges as balance plummets below 12%

2023-5-18 12:30

Quick Take Bitcoin exchange balance falls below 12%; this was first achieved at the beginning of 2023. We now see substantial coins leaving exchanges; the equivalent 12% is 2.3 million Bitcoin. Binance holds roughly 3.5% (686,000), while Coinbase holds 2.3% (461,000). The black lines represent halvings, with the next halving approaching April 2024; this current halving is the first time we see a drop in exchange balance. Exchange Balance: (Source: Glassnode)

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Bitcoin (BTC) на Currencies.ru

$ 99924.73 (+0.21%)
Объем 24H $36.301b
Изменеия 24h: -2.02 %, 7d: -4.78 %
Cегодня L: $99102.22 - H: $101508.43
Капитализация $1980.36b Rank 1
Цена в час новости $ 27069.91 (269.14%)

bitcoin below balance exchanges substantial beginning 2023

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