Data: BTC reserves held by exchanges in October fell to the level of January 2018

2022/10/27 23:40

According to the latest data from the blockchain analysis company Glassnode, the BTC reserves held by exchanges in October have dropped to the level of January 2018 . Since the high point of the last cycle, all the coin flowing into the exchange has now been withdrawn to wallets unrelated to the exchange. In October alone, 1.235 million bitcoins were withdrawn, which is equivalent to 0.86% of circulating supply.

3BearishLikeShare

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。