Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Since January, Bitcoin miners and exchanges have reduced their reserves by 183,253 BTC

Since January, Bitcoin miners and exchanges have reduced their reserves by 183,253 BTC

Bitget2024/06/08 02:47

Data shows that in the 158 days since the beginning of this year, the number of Bitcoins held by exchanges and miners has decreased by 183,253 BTC, worth nearly $13 billion. These funds were withdrawn from the joint wallets of miners and exchanges, with approximately 90.95% of Bitcoin withdrawals coming from cryptocurrency exchange reserves. About 9.05% (i.e., 16,578 BTCs valued at $1.17 billion) was withdrawn from the collective addresses of current BTC miners.

2

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!