☕ Bitcoin Exchange Reserves Reach Lowest Level Since April 2018:
⭐Key points:
- BTC exchange reserves have dropped to ~2.3 million BTC, the lowest level since April 2018.
- Limited supply on OTC markets could lead to a strong price surge if ETF funds buy BTC on centralized exchanges.
- Prepare for potential volatility, as this situation could have a significant impact on the market.
Chart: Glassnode
#Btc-halving #bitcoin
⭐Key points:
- BTC exchange reserves have dropped to ~2.3 million BTC, the lowest level since April 2018.
- Limited supply on OTC markets could lead to a strong price surge if ETF funds buy BTC on centralized exchanges.
- Prepare for potential volatility, as this situation could have a significant impact on the market.
Chart: Glassnode
#Btc-halving #bitcoin