📉 Bitcoin hits record low reserves on exchanges – What signals are coming?
Bitcoin once again becomes the focus of the market as on-chain data shows that the amount of reserves on exchanges has dropped to the lowest level ever recorded – only 2.2 million BTC, according to reports from #CryptoQuant
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🔍 This reflects the trend of withdrawing BTC from exchanges, indicating that investors are prioritizing long-term storage over short-term trading. As the supply of BTC on exchanges decreases, selling pressure may lessen, creating favorable conditions for price increases in the medium and long term.
💼 This may be a signal that “whales” and institutional investors are continuing to quietly accumulate, anticipating the next growth phase when the market stabilizes.
🚨 However, this could also mean reduced liquidity, making BTC more volatile in the face of news shocks.
🔥 Although the market is in a tug-of-war, the record low reserves are a signal that cannot be ignored for those who believe in the upcoming bullish cycle!