Cryptocurrency Q&A
What is the percentage of bitcoin supply on exchanges?
What is the percentage of bitcoin supply on exchanges?
CryptoBaroness
Fri Jul 05 2024
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5 answers
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As a keen observer of the cryptocurrency market, I'm curious to know the current percentage of Bitcoin supply that is readily available on exchanges. Given the volatile nature of this market, it's essential to understand how much of the Bitcoin supply is in the hands of investors versus being traded on various platforms. This metric could potentially provide insights into market sentiment, liquidity, and even price movements. Could you please elaborate on the percentage of Bitcoin supply that is currently listed on exchanges and how this number has evolved over time?
5 answers
SamsungShine
Sun Jul 07 2024
This dip has been further exacerbated by the ongoing supply shock, leading to a significant reduction in the amount of BTC available for trading on various platforms.
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GeishaCharm
Sun Jul 07 2024
According to an analysis conducted by an expert in a CryptoQuant post, the percentage of BTC stored on exchanges has plummeted to just 12%.
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Martino
Sun Jul 07 2024
This statistic highlights the changing landscape of the cryptocurrency market, with investors and traders seemingly preferring to hold onto their BTC rather than deposit it on exchanges.
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mia_clark_teacher
Sun Jul 07 2024
Among the various exchanges available, BTCC, a UK-based cryptocurrency exchange, offers a range of services including spot trading, futures, and wallet facilities. With its comprehensive offerings, BTCC provides a robust platform for investors and traders to manage their digital assets.
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FantasylitElation
Sun Jul 07 2024
The recent trend in the cryptocurrency market has been notable, with the percentage of Bitcoin supply on exchanges declining significantly.
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