Only 1.3 million Bitcoin are circulating in crypto exchanges by Cointelegraph
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Good news for an orange Christmas, (BTC) the supply is drying up at an unprecedented low for years. In a recent tweet from CryptoRank, Bitcoin is just 6.3% or 1.3 million BTC of total supply. celebrated in cryptocurrency exchanges.
The drop in supply is nothing new, with a downward trend since Bitcoin fell by half in 2020 The BTC block premium was cut in two. In exchange, the availability of BTC continued, gradually declining over the last year. Swap wallets counted 9.5% of the BTC supply in October 2020, before the all-time highs of Christmas 2020, and 7.3% in July this year. The figure for December is the lowest at 6.3% record In 2021.
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