📉 Bitcoin Exchange Reserves Hit Multi-Year Lows
Bitcoin supply on exchanges keeps shrinking. While $BTC remains near key price levels, exchange reserves have now dropped to around 2.7 million BTC - the lowest level seen since 2019.
The trend has been building since the 2022 market crisis and the FTX collapse, as more investors move coins into cold storage. Fewer BTC sitting on exchanges often signals stronger long-term holding behavior across the market. 🚀