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


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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