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Only 5.8% of BTC in Circulation Sits on Exchanges But Bitcoin Price Struggles: Santiment

August 25, 2023

Only 5.8% of BTC in Circulation Sits on Exchanges But Bitcoin Price Struggles: Santiment

The crypto analytics firm Santiment has reported that only 5.8% of all Bitcoin (BTC) in circulation sits on exchanges. Despite this, the flagship cryptocurrency continues to face downward price pressures.