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 Bitcoin Reserves on Exchanges Hit 5-Year Low With $5.96B Withdrawn in 30 Days. According to data from cryptoquant.com, bitcoin reserves on centralized exchanges have plummeted to a level not seen since Nov. 19, 2018. The amount of bitcoin held by these digital trading platforms has been steadily declining since early June 2022.
https://yakihonne.s3.ap-east-1.amazonaws.com/89f93336152fbe149c10445b7e780339e16f9ed7ceeb1596414c65c2779b7582/files/1723438327467-YAKIHONNES3.webp
*Bitcoin exchange reserves over the last 30 days according to cryptoquant.com metrics on Aug. 11, 2024.*