📉 Bitcoin Exchange Reserves Drop to Record Lows!

Since the start of Spot Bitcoin ETF buying in Jan 2024, we’ve witnessed a massive decline in BTC reserves on centralized exchanges.

đŸ”» From over 3.3M BTC → now below 2.4M BTC

đŸ’Œ This signals heavy accumulation by institutions & whales—less BTC available for trading = more scarcity.

📈 Price surged from ~$40K to over $107K in the same period.

🧠 What it means?

Less BTC on exchanges = reduced sell pressure

More BTC in custody wallets = long-term holders accumulating

👀 Keep your eyes on supply dynamics—this is how bull runs sustain!

#Bitcoin #BTC #OnChainData #CryptoQuant #BitcoinETF #CryptoInsights #MarketUpdate #SmartMoneyMoves