According to Foresight News, data from Cryptoquant.com shows that the Bitcoin reserves of centralized exchanges are declining. From May 13 to June 13, 105,706 BTC worth $7.05 billion flowed out of centralized exchanges. Ethereum also decreased by 1.08 million coins worth $3.7 billion during the same period.

Meanwhile, the volume of ERC20 stablecoins across all exchanges rose slightly, from $21.46 billion to $22.09 billion.