Data: CEX Bitcoin holdings hit a five-year low
According to ChainCatcher news reported by Bitcoin.com, 99,308 BTC have been withdrawn from CEX in the past month, worth $5.96 billion. Cryptoquant data shows that current CEX holdings are 2,679,880 BTC (worth approximately $161 billion), marking a new low since November 19, 2018.
After November 19, 2018, CEX's Bitcoin holdings surged, reaching an all-time high of 3.374 million Bitcoins on July 23, 2021. However, following the collapses of Terra and FTX, CEX's Bitcoin holdings have decreased by 20.16%, currently standing at 2.67 million Bitcoins.
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