On Dec. 4, 2023, the amount of bitcoin stored on centralized cryptocurrency exchanges hit a low of 2,001,259. However, recent data indicates that within a span of less than a week, exchanges have seen an influx of 21,436 bitcoin, valued at approximately $928 million. Moreover, more than 60% of this newly deposited bitcoin was transferred to Binance.
Centralized Exchanges See $928M Bitcoin Influx; Binance Receives Over 60%
This year has witnessed a significant decline in the quantity of bitcoin (BTC) held on crypto trading platforms. As of December 4, the figure stood just above the two million mark, with approximately 2,001,259 BTC. This information, sourced from cryptoquant.com, confirms that the leading digital currency has maintained levels above the two million threshold. Following this, an influx of 21,436 BTC has been observed flowing into centralized crypto exchanges.
The current tally of BTC on these exchanges is now 2,022,695. Notably, Binance, a major player in the crypto exc
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