BTC is moving away from crypto exchanges for the (crypto) winter.
In 2020, 16% of BTC’s supply was on exchanges Today, it’s only 6.4% of BTC’s supply. It’s the lowest level since 2018.
Why? People are scared.
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BTC ON EXCHANGES HITS 5-YEAR LOW 📉
We’re in the middle of A Great Migration.
BTC is moving away from crypto exchanges for the (crypto) winter.
In 2020, 16% of BTC’s supply was on exchanges
Today, it’s only 6.4% of BTC’s supply.
It’s the lowest level since 2018.
Why? People are scared.