📉 Bitcoin Reserves on Centralized Exchanges Hit 4-Year Low 📉



🔹The number of held in CEX wallets has dipped to its lowest point since January 2018, standing at 2 million BTC (~$54.5 million).

🔸This decline followed the FTX exchange_s bankruptcy in November 2022, which led to a significant loss of trust in centralized platforms.

🔹Investors are increasingly turning to self-custody solutions, such as non-custodial wallets, allowing them to retain full control of their assets and mitigate the risks associated with exchange collapses.

👉 This shift underscores the importance of ownership and control in the crypto world. 🔐💼
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)