Bitcoin exchange reserves hit 7-year low

Bitcoin (BTC) exchange reserves have dropped to levels not seen since 2018, with the total supply on cryptocurrency exchanges standing at 2.35 million BTC as of January 13, according to CryptoQuant. The decline marks a near seven-year low and is believed to be driven by institutional investors accumulating Bitcoin at discounted prices. The largest token […] source: https://www.cryptopolitan.com/bitcoin-exchange-reserves-hit-7-year-low/