Bitcoin Exchange Reserves Hit Record Low—Is a Major Price Surge Coming?

Bitcoin reserves on exchanges have hit a record low of 2.6 million BTC, down from over 3.3 million three years ago. This decline points to reduced available supply, as long-term holders continue accumulating Bitcoin, while short-term holders show signs of selling. Despite lower reserves, Bitcoin’s network activity remains high, with strong transaction volume and address … source: https://coinpedia.org/crypto-live-news/bitcoin-exchange-reserves-hit-record-low-is-a-major-price-surge-coming/