![BTC Held on Crypto Exchanges Drops to 2M Bitcoin, Least BTC Held on Crypto Exchanges Drops to 2M Bitcoin, Least Since January 2018](https://btcusa.com/wp-content/uploads/2023/08/BTC-Held-on-Crypto-Exchanges-Drops-to-2M-Bitcoin-Least-678x381.png)
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Since Sam Bankman-Fried’s exchange, FTX, went bust in November last year, investors have increasingly preferred to keep coins off centralized exchanges. From what we know now, FTX, formerly the world’s third-largest exchange by volume traded, commingled user funds, denting investor confidence.
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