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Bitcoin HODLing Intensifies as Binance Reserves Fall to Pre-Rally Levels
As the cryptocurrency market continues its tumultuous journey in 2024, a significant development has emerged that could have far-reaching implications for Bitcoin’s price. Binance, the largest cryptocurrency exchange by trading volume, has seen its reserves fall to pre-rally levels, with the amount of Bitcoin stored on the platform now below 570,000.
This drastic decline in reserves has sparked widespread speculation about the potential for another major price surge. But what does it really mean?
Source: crypto-economy.com
