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06/08 06:07

Bitcoin Exchange Reserves hit record low, but no o

Bitcoin Exchange Reserves hit record low, but no one’s selling: What gives?

BTC supply hits record low on exchanges. Are long-term holders quietly setting the stage for the next breakout?

Bitcoin [BTC] is back in the spotlight as its Exchange Reserves hit an all-time low. 
According to CryptoQuant reports, BTC reserves across centralized platforms dropped to their lowest on record, just 2.2 million BTC.
The ongoing accumulation by investors, who move their coins into cold storage, is a classic indicator of long-term accumulation.

The reduction in Exchange Reserves indicates a cool selling pressure in the market. This trend is a sign of growing optimism among long-term investors.
By removing Bitcoin from exchanges, investors reduce short-term selling pressures.  This seems to position subsequent rallies, as demand outstrips the current supply.
Moreover, the consistent outflows suggest that .1749217925404.png
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