You can now buy less BTC on exchanges than at any time since March 2018.
On-chain analytics firm"Wild stat" shows Bitcoin supply maturation
As of Feb. 27, the latest date for which data is available, the platforms tracked by Glassnode held a combined 2,272,798 BTC. The moment of the COVID-19 cross-market crash, from then on, exchange reserves began to fall, accelerating through the 2022 bear market to stand 29% lower now.The impressive numbers meanwhile do not end there.by William Clemente, co-founder of Bitcoin-focused research firm Reflexivity, the exchange balance lows mean that they now hold less BTC than that the oldest hodler addresses.
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