Bitcoin supply on exchanges has fallen to the lowest level since 2018

Bitcoin supply on exchanges has fallen to the lowest level since 2018 Investors have been withdrawing cryptocurrencies from exchange wallets since November 2022. This year, their tactics have not changed, and traders continue to send bitcoins for offline storage. Analysts at Santiment found that the volume of cryptocurrencies on trading floors fell to a five-year low. The last time a similar situation was observed in February 2018. Lawsuits against Binance and Coinbase have accelerated the outflow of bitcoin from exchange addresses, the report says. Its authors emphasized that the maximum amount of BTC available for sale on centralized exchanges was