Group of Bitcoin holders since 2013 holds extra BTC than all exchanges

by Jeremy

Fast Take

  • The metric provide of the final lively 10+ years in the past Bitcoin holders means that these holders have been holding onto BTC since 2013.
  • This cohort at the moment holds over 2.63 million BTC, rising exponentially.
  • However, exchanges maintain roughly 2.26 million BTC, which has decreased exponentially since 2020.
  • The cross-over occurred in This fall of final 12 months, in October, a development that we count on to proceed.
  • This implies that historic holders proceed to carry their Bitcoin whereas cash are drained from exchanges.
Exchange Balance vs Ancient Holders: (Source: Glassnode)
Trade Steadiness v.s Historic Holders: (Supply: Glassnode)

The put up Group of Bitcoin holders since 2013 holds extra BTC than all exchanges appeared first on CryptoSlate.

Supply hyperlink

Related Posts

You have not selected any currency to display