Bitcoin exchange balance dips to lowest since 2018 as market shifts to HODLing Andjela Radmilac · 3 hours ago · 3 min read
Bitcoin holders move away from exchanges in long-term holding trend.
3 min read
Updated: Feb. 21, 2024 at 1:36 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Since mid-March 2020, there has been a notable decline in the volume of Bitcoin stored in exchange wallets, marking a significant shift in investor behavior. At the time, over 17% of Bitcoin’s total supply was housed on exchanges, a record high. This trend of declining exchange balances has continued unabated, even through Bitcoin’s 2021 bull run, […]
