According to a recent study by Cryptorank, 6.3 % of the total Bitcoin supply is left in exchange wallets. Bitcoin (BTC) supply is dwindling up to levels not observed in years, which is great news for an orange Christmas. According to a recent tweet by CryptoRank, crypto exchanges own only 6.3 % of the total Bitcoin supply or 1.3 million BTC.The reducing supply is nothing surprising as it has been moving down since the Bitcoin block reward was half in 2020. The availability of BTC on exchanges followed suit, gradually declining over the last year. In October 2020, just before the all-time highs of the 2020 Christmas season, exchange wallets were for 9.5 % of the BTC supply, and 7.3 % in July this year. The December level of 6.3 % is the lowest in 2021.Coinbase’s supremacy in the BTC wallet sector is also fading. The American exchange used to own more bitcoin than the rest of the world altogether. Over the last year, its control has dropped from 50.52 % to 40.65 %.The statement came afte
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