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Coin Edition 2023-06-28 06:51:05

Bullish Signal as The Bitcoin Exchange Supply Drops to 2017 Lows

Data from Roots, the Bitcoin on-chain and cycle analyst, shows that the Bitcoin exchange supply has dropped to its 2017 level. According to Roots, centralized crypto exchanges (CEX) hold less than 12.5% of Bitcoin’s circulating supply, and chances are institutions with over $10 trillion in assets under management (AUM) may be coming after that. Additional The post Bullish Signal as The Bitcoin Exchange Supply Drops to 2017 Lows appeared first on Coin Edition .

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