Glassnode’s Analysis Reveals Minimal Bitcoin Exchange Reserve Decline Over Recent Years

The analytics firm Glassnode has recently released data challenging the prevailing notion regarding Bitcoin reserves on exchanges. Contrary to popular belief, the outflow of Bitcoin from exchanges has been minimal in recent years, indicating a potential misinterpretation of market dynamics. A recent update to Coinbase’s balance figures has further clarified the status of Bitcoin reserves,

Source: CoinOtag