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Just 1.3 million Bitcoin left circulating on crypto exchanges
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In glad tidings for an orange Christmas, Bitcoin (BTC) supply is drying up to lows not seen for years. In a recent tweet by CryptoRank, just 6.3% of the total Bitcoin supply, or 1.3 million BTC, is held on cryptocurrency exchanges.
The decreasing supply is nothing new, trending down since the Bitcoin halving in 2020 when the BTC block reward was cut in two. BTC availability on exchanges followed suit, slowly trending down over the past year. Exchange wallets accounted for 9.5% of the BTC supply
Read more on cointelegraph.comAbout this in other media
DGGI detects Rs 70-crore tax evasion after crackdown on crypto exchanges moneycontrol.com /2 years ago
South Korean crypto exchanges to follow Coinone in verifying private wallets cointelegraph.com /2 years ago
Coinone Sends KYC Warning to Users of Centralized Crypto Exchanges cryptonews.com /2 years ago
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