Bitcoin (BTC) held on exchanges is down to where it was at the 2017 BTC price all-time high, data confirms. Tracked by on-chain analytics firm Glassnode, the latest figures show less than 12% of the BTC supply now resides in exchange wallets. Analyst: BTC price “on the cusp of true price discovery” Bitcoin returned to exchanges during the 2023 BTC price upside, during which BTC/USD more than doubled from cycle lows. The period since late April has seen a reversion to the long-term trend of coins leaving exchanges, however, and this month, it hit a milestone. As of July 10,Go to Source
Author: NixCoin