📉 Bitcoin reserves on exchanges fall to all-time low
📊 **Bitcoin reserves on exchanges drop to all-time low – Is this a bullish indicator?**
In a notable development, Bitcoin reserves on exchanges have reached their lowest levels ever. This indicates that major investors (whales) and institutions are moving Bitcoin to private wallets, reflecting increased confidence in long-term holding.
🔍 Why is this important?
Decreased available supply: With the supply on exchanges reduced, this may lead to increased upward pressure on the price.
Investor confidence: Moving Bitcoin to private wallets indicates positive expectations for the future.
