tldr; Bitcoin reserves on exchanges have reached an all-time low, indicating strong fundamentals despite recent price corrections. This decline suggests investors prefer holding Bitcoin rather than selling, which is often seen as a bullish signal. On-chain metrics show high activity with active addresses and transaction volumes remaining robust. The derivatives market has seen a reduction in leverage, and long-term holders continue to accumulate Bitcoin, pointing to positive long-term trends despite short-term volatility.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
kirtash93 on
Waiting a supply squeeze since 2021.
InclineDumbbellPress on
Exchanges will not run out of bitcoin lmao come on
4 Comments
tldr; Bitcoin reserves on exchanges have reached an all-time low, indicating strong fundamentals despite recent price corrections. This decline suggests investors prefer holding Bitcoin rather than selling, which is often seen as a bullish signal. On-chain metrics show high activity with active addresses and transaction volumes remaining robust. The derivatives market has seen a reduction in leverage, and long-term holders continue to accumulate Bitcoin, pointing to positive long-term trends despite short-term volatility.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Waiting a supply squeeze since 2021.
Exchanges will not run out of bitcoin lmao come on
What fundamentals?