Coinmonks
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Coinmonks

Bitcoin rebound; Hypothesis and no more!

Brief background

Since the end of this May, the number of bitcoins held on centralized crypto exchanges has been steadily declining, with around 2,000 BTC (roughly $66M) leaving exchanges daily.

A July 12 Glassnode report found that bitcoin reserves on centralized crypto exchanges fell to levels not seen since April 2021, the month when Bitcoin soared to a…

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Coinmonks is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com , Email  — gaurav@coincodecap.com

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