Bitcoin Exchange Balances Plunge as Long-Term Holders Propel Price to $98,000: A Market Shift Explained
Bitcoin balances on cryptocurrency exchanges have fallen to historic lows, indicating a significant reduction in available supply. A recent report by 10X Research underscores this trend, noting a sharp drop in the amount of Bitcoin that can be purchased. Unlike previous trends, there has been no recent influx to replenish exchange reserves, leading to a ...
