Over 500K BTC left Gemini, Kraken, Coinbase in 13 months – more than any other exchange

Definition

The full BTC equilibrium and 30-day nett equilibrium alteration for Coinbase, Kraken and Gemini.

Quick Take

At the extremity of 2021:

• Coinbase held implicit 690,000 BTC
• Kraken held astir 195,000 BTC
• Gemini held astir 315,000 BTC

At the opening of 2023, the exchanges present hold:

• Roughly 485,000 BTC connected Coinbase
• Roughly 83,000 BTC connected Kraken
• Roughly 133,000 BTC connected Gemini

Coinbase Balance connected exchange: (Source: Glassnode)

Gemini Balance connected exchange: (Source: Glassnode)

Kraken Balance connected exchange: (Source: Glassnode)

The station Over 500K BTC near Gemini, Kraken, Coinbase successful 13 months – much than immoderate different exchange appeared archetypal connected CryptoSlate.