7% of Bitcoin Supply Exit Exchanges as the Average BTC Deposits Size Increased
March 2020 highlighted a turbulent time in the crypto-asset universe and Bitcoin is still incorporating several changes that took place following the flash crash on 12th March. As BTC’s price plummeted below $4000, a recent glassnode study suggested that the number of Bitcoin flowing out of the exchanges has increased and over the month, BTC balance on various platforms was collectively down by 7 percent.
