This article is 3 years old. The information presented may be outdated.

2022 saw the most amount of Bitcoin withdrawn from exchanges, over 20%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

Make preferred on

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  • 2022 saw the most amount of Bitcoin withdrawn from exchanges, over 20%, which previously beat 2020, which saw over 10% of Bitcoin leaving exchanges.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)