CryptoQuant is reporting that on November 21, 2025 there were approx 2,375,000 BTC on exchanges. Today, November 22, they are reporting ~2,150,000 BTC is left on the exchanges.

https://cryptoquant.com/asset/btc/chart/exchange-flows/exchange-reserve?exchange=all_exchange&window=DAY&sma=0&ema=0&priceScale=log&metricScale=linear&chartStyle=line

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