$2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC mined

$2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC mined

Bitcoin exchange reserves dropped from 2.5 million to 2.355 million in the past month as around 145,000 BTC, worth $2.35 billion, moved out of exchanges. From Oct. 15 to Nov. 15, Bitcoin (BTC) exchange outflows dropped from 2.5 million to 2.355 million, the lowest levels since August 2018. Approximately 145,000 BTC, worth $2.35 billion at a price point of $16,200, moved out of exchanges.Bitcoin exchange reserves since January 2018. Source: CryptoQuantIn the same period, Bitcoin miners mined around 27,000 BTC, equivalent to around $437.4 million. Since miners have been mining 900 BTC daily....


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