# The Number Of BTC Held On Exchanges Crashed 20% In 12 Months By Coinness Canonical URL: https://www.tokenpost.com/news/investing/7229 Published: 2021-03-08T06:22:03.000Z Updated: 2021-03-08T06:22:03.000Z Section: Investing > 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. 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. [Coinness]() ## Links in this article - [Coinness](https://coinness.com)