Bitcoin's low supply on exchanges shows that BTC holders have not regained their confidence and trust in centralized platforms.
Bitcoin’s low supply on exchanges shows that BTC holders have not regained their confidence and trust in centralized platforms.
On-chain data analyzed by the firm shows that only 5.8% of the total BTC supply sits on trading platforms, and this level was last seen on December 17, 2017.The low level of BTC supply on exchanges shows that the asset’s holders have not regained their confidence and trust in centralized platforms. They still prefer cold storage options and self-custodial methods.
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