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Bitcoin ’s supply held on exchanges at the lowest point in the past five years.
1247 sats \ 9 comments \ @CarlBMenger 11 May 2023 bitcoin
As analyzed by Santiment, bitcoin’s supply held on exchanges has fallen to 5.84% – the lowest point in the past five and a half years.
https://i.postimg.cc/90TGySRW/IMG-4108.jpg
The rapid shift from custodians to self-custody methods started at the beginning of 2022 and continued throughout the following months. A steep decline occurred after November last year when the amount of BTC sitting on centralized platforms dropped under 7%.
Self-custody is the way 👏🧡
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17 sats \ 0 replies \ @kosmos 11 May 2023
and its still toooooo much.
there are a lot of paper bitcoins around. - Way more than you think.
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10 sats \ 0 replies \ @Chep 12 May 2023
Amen. Pain is the best teacher and I think a lot of people in 2022 learned a lot of both expensive and valuable lessons🫡
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10 sats \ 0 replies \ @kakocuro 11 May 2023
It is definitely on a good trajectory
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10 sats \ 0 replies \ @ez 11 May 2023
amazing news
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10 sats \ 0 replies \ @jk_14 11 May 2023
This is good for bitcoin and bullish - low time preference wins
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0 sats \ 0 replies \ @kepford 11 May 2023
Theres a cycle of new Bitcoiners that have to learn these lessons but hopefully the cycle gets quicker and quicker.
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0 sats \ 0 replies \ @siggy47 11 May 2023
And there is obviously more mined bitcoin now than there was in December of 2017, making this decline even more impressive.
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0 sats \ 0 replies \ @faithandcredit 11 May 2023
thats pretty crazy tbh.. but still more btc on exchanges than 2017 and it could start going up again
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0 sats \ 0 replies \ @033daf6a55 11 May 2023
Stakeholder theory by E. Freeman The stakeholder theory (stakeholder concept, stakeholder theory) is one of the theoretical directions in management which forms and explains a firm's development strategy from the point of view of the interests of so called stakeholders.
Stakeholder theory states that in achieving the goals of the organization's activities, it is necessary to take into account the various interests of different stakeholders, which will represent a type of informal coalition.
Now it will shrink even faster....
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