Bitcoin balances on centralized exchanges fall to a two-year low as on-chain accumulation intensifies

ChainThink said Coinglass data as of March 25 show Strategy and major on-chain holders have stepped up Bitcoin accumulation. Bitcoin held in centralized exchange (CEX) wallets has dropped to a two-year low of 2.4633 million BTC. CEXs recorded a net outflow of 8,323.72 BTC over the past 24 hours, bringing net outflows for the past 30 days to 32,190.17 BTC.