CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2024-10-15 10:41:01

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 …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.