Sentiment: Positive
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Mass exodus of Bitcoin: 2.3M BTC leaves exchanges as balance plummets below 12%
By James Van Straten at 2026-05-07 21:49
Sentiment: Positive
Quick Take Bitcoin exchange balance falls below 12%; this was first achieved at the beginning of 2023. We now see substantial coins leaving exchanges; the equivalent 12% is 2.3 million Bitcoin. Binance holds roughly 3.5% (686,000), while Coinbase holds 2.3% (461,000). The black lines represent halvings, with the next halving approaching April 2024; this current […] The post Mass exodus of Bitcoin: 2.3M BTC leaves exchanges as balance plummets below 12% appeared first on CryptoSlate. Continue reading...
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