Exchange bitcoin reserves hit a five-year low, withdrawing $5.96 billion in 30 days
2024-08-11 22:25:31
In the past month, starting July 11, 2024, 99,308 BTC worth $5.96 billion were withdrawn from exchanges. Currently, cryptoquant.com data shows that centralized exchanges hold 2,679,880 BTC worth around $161 billion based on the Bitcoin exchange rate on Sunday, August 11. The last time reserves were this low was during the Bitcoin bear market on November 19, 2018.
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