📊 **Exchange Reserves Hit Record Low: What's Behind the Puzzle?**

The notion that exchange reserves are a key indicator of accumulation and scarcity has been a long-held theory among investors. However, recent trends seem to defy this logic.

🚨 **Bitcoin Exchange Holdings Reach New All-Time Low**

As we approach the end of 2025, Bitcoin's price is at risk of closing below its opening level for the year.

A sharp drop in exchange reserves typically sends a signal that long-term investors are accumulating assets, driving up demand and prices. So, why isn't this playing out as expected?

🤔 **The Paradox of Declining Exchange Reserves**

One possible explanation is that falling exchange reserves may not necessarily translate to increased buying pressure from institutional investors. This could be due to a variety of factors, including changes in investment strategies or the emergence of new market participants.

SL and TP levels are being closely monitored by traders as they navigate this uncertain landscape.

$ACE , $BTC .