Smaller exchanges see $225 million in Bitcoin withdrawn over past week

Around $225 million worth of Bitcoin (BTC) was withdrawn from smaller exchanges over the past week, according to Glassnode’s data.

Coinglass’s data showed that Binance’s balance reduced by 4,726 BTC in the last seven days, while Coinbase and Kraken dropped by 1,961 BTC and 1,384 BTC, respectively. There are only 1.47 million Bitcoin on exchanges — the lowest amount since November 2018.