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Add as a preferred source on GoogleThe Number Of BTC Held On Exchanges Crashed 20% In 12 Months
Data from on-chain crypto information aggregator Glassnode indicates the number of Bitcoin held on centralized exchanges has fallen by roughly 20% in 12 months.
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Data from on-chain crypto information aggregator Glassnode indicates the number of Bitcoin held on centralized exchanges has fallen by roughly 20% in 12 months.
The data suggests investors are accumulating BTC and withdrawing them from exchanges into cold storage, creating a supply crunch.