Glassnode: bitcoin blockchain activity has dropped 13% from November 2021 to July 2022; balances at exchanges are down 20%+ from a January 20 peak (Immanual John Milton/Bloomberg)

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Immanual John Milton / Bloomberg:

Glassnode: bitcoin blockchain activity has dropped 13% from November 2021 to July 2022; balances at exchanges are down 20%+ from a January 20 peak  —  As the crypto winter deepens, only the staunchest Bitcoin investors are still holding onto their tokens — but not on the exchanges.



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