Over $19 Billion in Crypto Assets Left Centralized Exchanges Since FTX Crash

According to CryptoQuant data, in more than 50 days since November 5, 2022, Bitcoin, Ethereum, and stablecoin owners have removed approximately $19.19 billion in encrypted assets from centralized exchanges. Between November 5 and December 26, the total reserves of global cryptocurrency exchanges decreased by approximately 356,848 bitcoins (worth $6.02 billion), 4.48 million ethers (over $5 billion) and stablecoins worth $7.669 billion. currency assets. Since November 5, the top ten crypto assets such as BNB, XRP, DOGE, and ADA have seen large withdrawals in parallel with BTC, ETH, and stablecoin withdrawals.

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