Bitcoin (BTC) is trading at near $91,700 at press time, down almost 2% in the last 24 hours. Over the past week, it has gained 4%. The focus now is shifting from short-term price swings to what’s happening with supply on exchanges. Fewer coins are being held on trading platforms, even as the price stays near $92,000.
Exchange Supply Hits Lowest Levels Since 2018
The share of Bitcoin held on exchanges has dropped to around 13.7%, the lowest since 2018. Binance holds only 3.2% of the total supply, based on recent on-chain data. According to CryptosRus, this is part of a multi-year trend, not a temporary shift. Fewer inflows suggest holders are not preparing to sell.
The asset has climbed steadily without signs of large deposits to exchanges. This behavior contrasts with past cycles, where increases in exchange inflows often led to corrections. So far, that isn’t showing up now.
Supporting this, netflow charts show consistent outflows in recent weeks. On several days, especially Decem
We współpracy z: https://cryptopotato.com/bitcoin-btc-drops-below-92k-but-supply-keeps-shrinking/
