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Bitcoin Exchange Supply Drops to 5.6%, Lowest Since 2018

Source
YM Lee

Summary

  • Bitcoin and Ether's exchange supply share has continued to trend lower.
  • Bitcoin's exchange supply share fell to 5.6%, the lowest level since 2018.
  • Ether's exchange supply share also stood at 4.6%.

Forecast Trend Report by Period

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Photo: Shutterstock
Photo: Shutterstock

The share of Bitcoin and Ether held on exchanges has continued to decline.

Cointelegraph, citing Santiment data on May 15, reported that Bitcoin's exchange supply had fallen to 5.6%, the lowest level since 2018. Ether's exchange supply stood at 4.6%.

#Update
YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE

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Bitcoin Exchange Supply Drops to 5.6%, Lowest Since 2018