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Bitcoin Cointelegraph

Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation

Historical data around crypto crashes revealed that 14 crypto exchanges, together, were responsible for the loss of at least 1,195,000 BTC, representing 6.3% of the 19.2 Bitcoin currently in circulation.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation

Historical data around crypto crashes revealed that 14 crypto exchanges, together, were responsible for the loss of at least 1,195,000 BTC, representing 6.3% of the 19.2 Bitcoin currently in circulation.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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