Replying to Avatar Cyph3rp9nk

We have dropped below 2 million Bitcoins on the exchanges.
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0xtr 1y ago

Does that include ETF holdings as well?

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Arctic Fox 1y ago

At this rate, it would appear we exhaust the full 2M remaining in about 25-35 months, roughly

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Cyph3rp9nk 1y ago

ETFs are not included here

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no₿ody™ 🧱 1y ago

Important clarification, thanks. Bet it looks a lot different when they are 🥴

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0xtr 1y ago

So this is amount of "retail" bitcoin on exchanges?

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Cyph3rp9nk 1y ago

Correct, the bitcoins held in custody for ETFs or other clients do not appear in the balance sheet of the exchanges, and often the addresses are not even known, as in the case of IBIT, where we only know some of them.