Bitcoin balances on exchanges hits 6-year low

Bitcoin balances on exchanges hits 6-year low

Impressive data from on-chain analytics firm Glassnode reveals that the amount of Bitcoin (BTC) held on exchanges has dropped to a mere 2.2 million, representing only 11% of the circulating supply.

 

This marks the lowest level in 6 years, underscoring the growing scarcity of Bitcoin on exchanges.

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