2022 saw the most amount of Bitcoin withdrawn from exchanges, over 20%

Currently, 2.26M Bitcoin sit on exchanges which leaves around 11-12% of the Bitcoin supply on exchanges.

James Van Straten
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James Van Straten
This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
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Quick Take

  • 2022 saw the most amount of Bitcoin withdrawn from exchanges, over 20%, which previously beat 2020, which saw over 10% of Bitcoin leaving exchanges.
  • Currently, 2.26m Bitcoin sits on exchanges which leave around 11-12% of the Bitcoin supply on exchanges.

Many events triggered the exodus, such as Luna and the FTX collapse.

“Not your keys, not your coins.”

Exchange Balance: (Source: Glassnode)
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James Van Straten
James Van Straten
Former Lead Analyst CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

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