Bitcoin

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<ul class="news-points"> 
 <li><strong>According to Santiment, Bitcoin’s supply on exchanges has continued to move into self-custody.</strong></li> 
 <li><strong>Santiment revealed that the ten largest Tether exchange wallets hold $15.23 billion, highest in 17 months.</strong></li> 
 <li><strong>The increasing Tether supply on exchanges suggests that whales may be preparing to buy BTC or altcoins.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/">Bitcoin</a>‘s supply on exchanges has continued to move into self-custody as “exchange reputation continues to diminish,” according to Santiment, the market intelligence platform with on-chain and social metrics. At the same time, the on-chain market analytics platform also reported that the ten largest Tether exchange wallets hold $15.23 billion, pushing the exchange buying power to its highest level in 17 months.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b8.png" alt="💸" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a>'s supply on exchanges has continued moving into self custody, as exchange reputation continues to diminish. Meanwhile, the 10 largest <a href="https://twitter.com/hashtag/Tether?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Tether</a> exchange wallets hold $15.23B, pushing exchange buying power to its highest level in 17 months. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4aa.png" alt="💪" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/AtjD9ve3YO" target="_blank" rel="nofollow">https://t.co/AtjD9ve3YO</a> <a href="https://t.co/XJ0uuTiAZx" target="_blank" rel="nofollow">pic.twitter.com/XJ0uuTiAZx</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1729704173522841674?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 29, 2023</a>
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<p>In a recent post on the social media platform X (formerly Twitter), Santiment shared a screenshot…</p>
<p>The post <a href="https://coinedition.com/bitcoin-exchange-supply-drops-to-5-38-lowest-since-december-2017/">Bitcoin Exchange Supply Drops to 5.38%, Lowest Since December 2017</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin Exchange Supply Drops to 5.38%, Lowest Since December 2017

Coin Edition

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