Bitcoin exchange balances drop 12.8% in 2024, signaling decreasing liquidity.
Coinbase and Binance see significant BTC withdrawals, while OKX sees gains.
Rising Bitcoin price aligns with high Fear & Greed Index, suggesting market volatility.
Bitcoin exchange balances are at their lowest point since early 2023. This shows a trend of decreasing liquidity across crypto exchanges.
Bitcoin exchange balances have been falling throughout 2024. The total BTC is now 2.3 million, a decrease of 116,000 BTC in one month. Since the beginning of the year, exchange balances are down 315,775 BTC, around 12.8%.
#Bitcoin balances on exchanges have been dropping all year.
Total exchange balance for those shown below is 2.3 million $BTC, which is down 116,000 in 1 month and down 315,775 this year 
pic.twitter.com/Erk6WOVele
— HODL15Capital 
(@HODL15Capital) December 4, 2024
Exchange Balances Decline
Among the largest exchanges, Coinbase has 783,104 BTC, but this is down 38,311 BTC over the last 30 days and 281,840 BTC since January 1, 2024. Binance has 578,991 BTC, down 29,369 BTC over the past month.
Other exchanges like Bitmex and OKX have experienced m…
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