Across our current Epoch, the #bitcoin Balance on Exchanges continues to hemorrhage, recording a current decline of -680K BTC.
This place our current Epoch as the first to experience a contraction in Exchange Balance, curbing the prior trend of expansion across cycles.
🔴 Epoch 2 Balance Change: +1.02M BTC
🔵 Epoch 3 Balance Change: +1.97M BTC
🍏 Epoch 4 Balance Change: -680K BTC
