According to the data bitcoin The amount of coins on exchanges continues to decrease. According to experts cryptocurrency It transfers investors from trading platforms to hardware wallets to hold their coins for the long term.
There are 2.32 Million Bitcoins in Total on Crypto Currency Exchanges
At the time of this writing, approximately 2.32 million Bitcoin centers, corresponding to 90 billion dollars, are located on crypto money exchanges.
However, it is observed that cryptocurrencies are withdrawn from the exchanges, with the amount of coins on the exchanges falling to the lowest level in the last three years. Three years ago, in March, the amount of BTC available on cryptocurrency exchanges was 2.73 million. In addition, according to Cryptoquant data, on March 11, 2020, there were over 3 million coins in total on cryptocurrency exchanges.
Most BTC on Coinbase Exchanges
Cryptocurrency prices have been falling for the past few weeks, and the amount of BTC available on exchanges began to decline in August 2021. Today, Coinbase, which hosts 853,530 Bitcoins according to Bituniverse data, is in the leadership seat in this field.
After Coinbase is Binance, which has a total of $ 18.94 billion in cryptocurrencies. According to the data, Binance owns 340,000 BTC and 3.59 million Ethereum. In addition, Binance has a reserve of $1.24 billion in Tether, a stablecoin.
Chinese cryptocurrency exchange Huobi comes in third place. Huobi holds approximately 160,000 BTC and 2.13 million Ethereum. The total cryptocurrency reserve held by the Chinese cryptocurrency exchange is around $ 16.12 billion.
*Not investment advice.