On Thursday, bitcoin (BTC) soared to a peak of $ 63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $ 6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen since early November 2018. More Than 100,000 Bitcoin Removed From …
The Great Shift to Self-Custody: 800,000 BTC Worth Over $20 Billion Pulled From Exchanges in 3 Years
Over the past three years, there’s been a notable movement in bitcoin holdings. Since September 1, 2020, a whopping 804,000 bitcoin, equivalent to $ 20.79 billion, has been pulled from centralized exchanges. Notably, 184,000 BTC of that sum, valued at $ 4.75 billion, was withdrawn in just the last three months. Billions in …