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Coinpedia
2024-10-15 10:41:01

Bitcoin Exchange Reserves Hit Record Low—Is a Major Price Surge Coming?

Bitcoin Exchange Reserves Hit Record Low—Is a Major Price Surge Coming?

The post Bitcoin Exchange Reserves Hit Record Low—Is a Major Price Surge Coming? appeared first on Coinpedia Fintech News Bitcoin reserves on exchanges have hit a record low of 2.6 million BTC, down from over 3.3 million three years ago. This decline points to reduced available supply, as long-term holders continue accumulating Bitcoin, while short-term holders show signs of selling. Despite lower reserves, Bitcoin’s network activity remains high, with strong transaction volume and address …

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