The Great Bitcoin Exodus

According to the on-chain data sleuths at Glassnode, Bitcoin (BTC) is being swept off centralized exchanges like crumbs on a kitchen floor after a family dinner. Over the past year, BTC held on these exchanges has plummeted by approximately 20%. Are investors suddenly feeling paranoid about exchange safety? It would appear so, as many are taking their square-shaped treasure and putting it into cold storage.

What’s Driving This Trend?

The movement away from exchanges hints at a much larger trend in the cryptocurrency world: the growing preference for personal and possibly