Staggering $2,800,000,000 in Bitcoin (BTC) Has Exited Crypto Exchanges in Just One Month: Glassnode

Leading analytics firm Glassnode reveals that crypto exchanges are witnessing a massive exodus of Bitcoin as BTC holders take the initiative to self-custody their coins.

According to Glassnode’s Bitcoin exchange net position change metric, which tracks the 30-day supply held in exchange wallets, 179,250 BTC worth over $2.8 billion at time of writing has exited centralized crypto exchanges in the last month.

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