Bitcoin reserves on centralized exchanges hit five-year low amid increased hodling

Bitcoin reserves on centralized exchanges are now at 2.76 million BTC, according to CryptoQuant data, marking its lowest level in five years. The decline in the amount of Bitcoin held on exchanges suggests a return to hodling by investors. Generally, a decline in the Bitcoin exchange balance is a bullish signal, showing that more investors […] source: https://www.cryptopolitan.com/bitcoin-reserves-hit-five-year-low/