According to Cryptoquant data, on September 1, 2020, the BTC reserves of the centralized encryption exchange were 2.828 million, and three years later, this number had decreased to 2.024 million BTC, a decrease of 804,000 BTC.
Before FTX declared bankruptcy in November 2022, the centralized exchange held 2.511 million BTC, indicating that 487,000 BTC had been withdrawn since then.
In the three months since May 23, 2023, approximately 184,000 BTC have been withdrawn from centralized cryptocurrency exchanges.
As of Aug. 28, BTC holdings on these platforms have nearly dipped below the 2 million mark, with cryptoquant data showing a balance of 2,007,427.
Bitcoin holdings have grown slightly over the past few days, reaching 2.024 million.