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frankenst1 | 3 years ago

Don't know about crypto, but for Bitcoin:

~11% of the Bitcoin supply is held by exchanges, and it decreases on average by 2,500 BTC per day or ~5% per year (over the last 3 years).

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ilyt|3 years ago

That just means they are not stored there as often, not that the exchanges are where most bitcoin related transactions happen