In a year, more than 400,000 BTC have been withdrawn from exchanges.
A year ago, there were about 1.8 million bitcoins on cryptocurrency exchanges, but during this time, 403,000 BTC were withdrawn, as calculated by Santiment.
💼 Users are actively transferring BTC to cold wallets for storage.
Analysts consider this a good sign: the fewer coins on exchanges, the lower the likelihood of a large sell-off.
BTC
93,579.13
+3.70%
USDC
0.9999
0.00%