Bitcoin Exchange Reserves Hit Lowest Since 2018, Analysts Debate Possible Price Breakout

Data indicates that the amount of Bitcoin being kept in exchanges has dropped to levels last seen in November 2018. A report from CryptoQuant indicated that the total balance of Bitcoin in exchange wallets currently stands at 2.68 million BTC. This was probably due to investors moving their holdings to other, more secure, storage locations, like cold […] source: https://www.thecoinrepublic.com/2024/08/14/bitcoin-exchange-reserves-hit-lowest-since-2018-analysts-debate-possible-price-breakout/