Express

Exchanges' Bitcoin Reserves Fall To A Near Three-Year Low

Mary Liu

Summary: CryptoQuant data shows that as of June 19, crypto exchanges' Bitcoin reserves (the total amount of Bitcoin available to exchanges) have fallen to a three-year low of 2,825,703 BTC.  In January 2024, the Bitcoin balance of the trading platform hovered around 3,039,000. Low reserves indicate low selling pressure and potential supply shocks.

CryptoQuant data shows that as of June 19, crypto exchanges' Bitcoin reserves (the total amount of Bitcoin available to exchanges) have fallen to a three-year low of 2,825,703 BTC. 

In January 2024, the Bitcoin balance of the trading platform hovered around 3,039,000. Low reserves indicate low selling pressure and potential supply shocks.

Last Update:

Tags:
Link: Exchanges' Bitcoin Reserves Fall To A Near Three-Year Low   [Copy]
Next:

Related Articles

  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 2 days ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 5 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 6 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 9 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 10 days ago

    • You need to login to comment.