<p>Merlin's Seal BTC is a liquid staking token (LST). </p>

Merlin's Seal BTC

Merlin's Seal BTC is a liquid staking token (LST). 

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Exchanges around the world now hold about 2.39 million bitcoins, worth roughly $139.86 billion at current prices.

CryptoPolitan

Bitcoin balances on exchanges plunge 25% to 2.39M BTC from peak

Merlin's Seal BTCM-BTC

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Bitcoin balances on exchanges plunge 25% to 2.39M BTC from peak