CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
The Defiant 2024-12-05 22:26:10

Bitcoin on Exchanges Plunges as Investors Shift to Self-Custody

Bitcoin (BTC) reserves on exchanges have fallen to their lowest levels in years, reflecting a growing trend among investors toward self-custody as the cryptocurrency continues to surge. Bitcoin exchange reserves have plummeted to 2.6 million in CryptoQuant data that goes back to December 2021. That’s a 19% decline from 3.6 million, the all-time high since then, recorded in June 2022. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.