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


Immanual John Milton / Bloomberg

Glassnode: Bitcoin blockchain activity is down 13% from November 2021 to July 2022; balances on exchanges are down 20%+ from a January 20 peak– As the crypto winter deepens, only the most loyal Bitcoin investors are still holding their tokens, but not on the exchanges.