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Bitcoin.com 2024-07-12 13:16:15

Exchange Bitcoin Reserves Fall Sharply This Week, Reaching $4B Outflow

According to data from the past 40 days, the San Francisco crypto exchange and custody service Coinbase has experienced withdrawals totaling 12,585 BTC since June 1. Meanwhile, Binance has reported inflows of approximately 30,082 BTC during the same period. Despite these shifts, centralized exchanges have seen 70,966 BTC, valued at $4 billion, withdrawn over the

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