Bitcoin Is Existing Exchanges At An Alarming Rate, But How Are BTC Investors Faring In Terms Of Profit?

Bitcoin’s exchange reserves have been dwindling massively in recent days. Coins are moving off exchanges at a steady pace, removing available supply ready for purchase. Recent on-chain data from CryptoQuant shows that Bitcoin balances on exchanges continue to decline and are moving into stronger hands. On the other hand, data tracking the percentage of Bitcoin supply in profit shows that only about half of the addresses are in profit. Bitcoin Is Disappearing From Exchange Order Books CryptoQuant