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
459
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 A total of more than 180 000 ETH ($520,6 million at the exchange rate on March 21) was withdrawn.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?
Market
Once the SEC confirms, the filing will be published in the Federal Register, which will initiate the approval process
Feb 11, 2025
Market
Analysts at JPMorgan Bank believe the asset will continue to face pressure amid growing competition
Feb 6, 2025
Market
The hacker used the account to promote MEOW and DCOIN scam tokens
Feb 6, 2025
Market
The company’s operating expenses rose 693% year-over-year to $1,103 billion
Feb 6, 2025
Crypto regulations
Group head Hester Peirce criticized the regulatory approach formed by former chairman Gary Gensler
Feb 5, 2025
Incidents
This status has been maintained for the first cryptocurrency since September 2021 but was canceled due to pressure from the IMF
Feb 3, 2025