
Bitcoin’s Exchange Reserve Hits Multi-Year Low! – What Happens Next?
The recent drop in Bitcoin’s exchange reserve has sparked concern about a potential supply shock, which could lead to a price surge. According to CryptoQuant data, the number of BTC available for trading on spot exchanges has hit its lowest level in recent years.
This decline is evident as investors continue to withdraw their funds from exchanges and transfer them to cold storage, indicating a long-term holding trend. The decrease in exchange reserves raises concerns about a potential supply shock, which could lead to upward pressure on the price of Bitcoin if demand remains strong.
The ongoing accumulation of BTC has been accompanied by an increase in large-scale transactions worth $100,000 or more. Despite fluctuations, institutional investor activity remains within a historically active range, suggesting continued interest from high-net-worth individuals and institutions.
This trend could potentially signal the beginning of the next bull run, as a tightening supply-demand balance may fuel Bitcoin’s price growth.
Source: ambcrypto.com