$BTC 🔥Bitcoin (BTC) reserves on exchange platforms have decreased by 668,000 BTC since November 2024. Currently, centralized exchanges (CEX) hold just over 2.4 million BTC, which is 18% less compared to the reserves at the end of 2024.

According to data provided by the analysis firm CryptoQuant, there are currently 2,432,989 bitcoins in CEX, as shown in the graph below:

As can be seen, the decline of BTC reserves on exchanges accelerated since February 2025, when there were just over 2.7 million bitcoins in the various exchanges that exist.

In general, the trend of massive withdrawals is interpreted as a bullish signal for the price of bitcoin, as it suggests that investors are moving their assets to long-term storage (such as cold wallets), reducing selling pressure in the market.