# For the first time since 2018 Bitcoin balances on exchanges fell below 2.5M
“# For the first time since 2018 Bitcoin balances on exchanges fell below 2.5M ” On October 20, 2020, the amount of Bitcoin (BTC) held at major exchanges fell below 2.5 million BTC for the first time in two years. Source: Glassnode. Nexo co-founder Antoni Trenchev opined to Cointelegraph that this trend is driven by…