3 Altcoins See Declining Exchange Reserves in the First Week of August

Investors often view exchange reserve data as one of the key indicators for assessing long-term holding demand. When exchange reserves drop, the available supply for purchase becomes scarce, which can help push prices higher. Several altcoins have shown a notable decline in exchange reserves during the first week of August, just as the altcoin market capitalization regains upward momentum. 1 source: https://beincrypto.com/altcoins-declining-exchange-reserves-august/