Cryptocurrency
Research: Bitcoin held on exchanges reaches its lowest since 4 years | Headlines | News | CoinMarketCap
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The total amount of Bitcoin (BTC) held by exchanges reached its lowest since 2018, while Ethereum (ETH) supply on exchanges has been increasing significantly since June 2022.
The numbers also indicate that investors who buy and hold Bitcoins prefer Coinbase to do so.
Bitcoin
Bitcoin held by exchanges has reached its lowest in four years. Currently, the Bitcoin amount held by exchanges is just under $2,4 million, which is represented by the orange line in the chart below.
Over 300,000 Bitcoins have been removed from the exchanges during the current winter conditions, which indicates a bullish trend among investors. This lowered the supply held by exchanges to its 4-year lowest. The last time the Bitcoin balance on exchanges was around $2,4 million was in late 2018.
The current $2,4 …
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