Bitcoin holdings on exchanges fall by nearly 209,000 BTC over six months amid market volatility
Crypto Briefing
Bitcoin holdings on exchanges decreased by about 209,000 BTC over six months due to market volatility.Summary
Bitcoin holdings on cryptocurrency exchanges fell by approximately 209,000 BTC over the last six months, according to data from Santiment. This significant outflow indicates a shift by traders and long-term holders who are moving their assets to off-exchange storage solutions during periods of heightened market turbulence. The increased volatility has been fueled by leveraged trading activity and institutional portfolio rotations, leading to sustained price swings and liquidation cycles in derivatives markets.
(Source：Crypto Briefing)