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17 January 2021

Bitcoin Stored on Exchanges Falls to Two-Year Low - Decrypt

Bitcoin Stored on Exchanges Falls to Two-Year Low - Decrypt


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The Bitcoin balance on all major crypto exchanges has fallen to levels not seen since August 2018—hitting a 27-month low—according to data fromGlassnode.

In August, the total amount of Bitcoin on exchanges fell to 2.6 million.

It has fallen from $19,299 to $17,266—a factor that may affect the amount of Bitcoin heading to and from exchanges.

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