The number of bitcoin on exchanges collapses

The withdrawal of BTC from exchange platforms is a bullish signal for its price. 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, an 18% decrease compared to the reserves that were available at the end of 2024. Investors withdrawing bitcoin from exchanges have no plans to sell in the short term.

"It is incorrect to state that reserves have been exhausted," says an analyst.$BTC