Insights

2022 saw the most amount of Bitcoin withdrawn from exchanges, over 20%

exchange68September 13, 2024

0 4 1 minute read

Quick Take

2022 saw the most amount of Bitcoin withdrawn from exchanges, over 20%, which previously beat 2020, which saw over 10% of Bitcoin leaving exchanges.
Currently, 2.26m Bitcoin sits on exchanges which leave around 11-12% of the Bitcoin supply on exchanges.

Many events triggered the exodus, such as Luna and the FTX collapse.

“Not your keys, not your coins.”

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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