📉 Balance $BTC on exchanges — lowest since December 2022 — Glassnode

🔻 A total of 3.01 million $BTC remain on centralized platforms — this is the lowest level in 29 months. For comparison: last time at such a supply, the price was ~$16,000, today — $102,000+.

🟢 What this means:

— Fewer coins for sale → less pressure

— More cold storage → a signal of trust

— Major players are holding → betting on growth

— ETFs and whales continue to absorb supply

📈 Against the backdrop of limited supply of $BTC and steady demand, conditions are being created for the next impulse to $110–120K.