The number of bitcoins on exchanges has fallen to 2018 levels
According to Glassnode, 2,51 million BTC are stored on trading platforms
21.03.2022 - 08:45
453
1 min
0
What’s new? The number of bitcoins has fallen to its lowest since 2018, according to Glassnode. The supply of BTC as of March 21 stands at 2,51 million, while Ethereum stands at 21,6 million coins.
What is the outflow of funds related to? According to the Chainalysis experts, the withdrawal of the cryptocurrency from the exchanges may be associated with the start of a bullish period for the market. Bitcoin has gained 5,66% in the last 7 days, while the Ethereum exchange rate has gained 11,57%.
Last week, research firm IntoTheBlock recorded a record outflow of the Ethereum cryptocurrency from the exchanges since early 2022. A total of more than 180 000 ETH ($520,6 million at the exchange rate on March 21) was withdrawn.
Useful material?
Telegram 
Twitter Market
Earlier, the community criticized the project for its lack of transparency, which led to a sharp drop in the HYPE token price
Jan 8, 2025
Market
Rising US Treasury bond yields are negatively affecting risk assets
Jan 8, 2025
Mining
The Avalon Mini 3 is available for pre-order at $899
Jan 8, 2025
Market
The exchange obtained the documents as part of the Freedom of Information Act proceeding
Jan 6, 2025
Market
According to the preliminary plan, the free coin giveaway will take place in January 2025
Dec 27, 2024
Market
The fund’s issuer will be Donald Trump associate Vivek Ramaswamy’s Strive company
Dec 27, 2024
Cryptocurrency rates
-
Bitcoin
$98 899
BTC
+2.59%
-
Ethereum
$3 341.32
ETH
+4.04%
-
Ripple
$2.89
XRP
+8.72%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.370812
DOGE
+4.46%
-
Cardano
$1.05
ADA
+6.11%
-
Stellar XLM
$0.471284
XLM
+8.71%
-
Polkadot
$6.92
DOT
+5.04%
-
Bitcoin Cash
$441.31
BCH
+1%
-
Litecoin
$104.53
LTC
+3.4%