According to data from the blockchain analysis company Glassnode, since March 2020, the supply of Bitcoin on centralized exchanges reached a peak of 3.203 million BTC.
This indicator has been on a downward trend. This week, the total balance of Bitcoin on the exchange fell to 2.256 million BTC, a new low in five years. Among them, Binance’s Bitcoin balance was about 691,200 BTC, and Coinbase’s was about 439,800 BTC. , Bitfinex is about 320,700 BTC.
It should be noted that these data only consider the capital clusters directly related to the trading platform, and do not include specialized custodians or ETF investment tools (such as GBTC or Microstrategy, etc.).