The amount of Bitcoin in crypto exchanges has dropped to the lowest levels in the past 8 months. This shows that investors have withdrawn their BTC from their exchanges and carry them to their private wallet. Bitcoin entry into the crypto exchange has increased since early March, reaching unprecedented levels between March 9-16. Now, the latest data shows that Bitcoin investors are pulling their BTC out of exchanges. According to cryptocurrency analysis firm Glassnode, investors are quickly withdrawing their BTC from exchanges and transferring them to their private wallets. The amount of Bitcoin in exchanges has dropped to the lowest level in the last 8 months. “Despite volatility, Bitcoin holders withdraw their money from exchanges,” said Glassnode. Money outflows from exchanges have been increasing day by day since March 18. The amount on the Bitcoin exchanges is at the lowest levels in about 8 months. ” expressions were used. This may indicate that investors have decided to wait and not to trade in the long term, or that they are concerned about the liquidity of the stock markets during another fall in the market.
