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Bitcoin balances on exchanges hit six-year low as skeptics grow over accelerated corporate purchases

2025/04/28 06:39
CoinPost
Written by Naoko Koda
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Bitcoin balances on exchanges hit six-year low as skeptics grow over accelerated corporate purchases
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Table of Contents

  1. Supply has dropped dramatically

Supply has dropped dramatically

Fidelity Digital Assets, the cryptocurrency subsidiary of major US investment company Fidelity, reported on the 24th that the supply of Bitcoin (BTC) on exchanges has dropped significantly, reaching its lowest level since November 2018.

Fidelity reported the following four points:

Bitcoin holdings on exchanges are at their lowest level in the past six years

Currently, Bitcoin held by exchanges is about 2.6 million BTC, the lowest level since November 2018

425,000 BTC moved

Since November 2024, 4...

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MAGAZINE

Iolite Vol.13

May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.