Traders are withdrawing 2,000 BTC from centralized exchanges daily By Cointelegraph

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Traders withdraw 2,000 BTC from centralized exchanges every day

The number of securities held on centralized exchanges has declined steadily since late May, with around 2,000 BTC (valued at about $ 66 million at current prices) flowing out of the exchanges every day.

Glassnode’s July 12 on-chain report found that Bitcoin reserves on centralized exchanges had dropped to levels not seen since April, the month when BTC shot to its all-time high of around $ 65,000 .

Net BTC transfer volume to / from exchanges: Glassnode

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