Bitcoin's exchange reserves have been declining rapidly, with coins moving off exchanges at a steady pace. This trend, tracked by CryptoQuant, suggests a reduction in available supply ready for purchase, potentially indicating stronger hands are accumulating BTC. However, only about half of Bitcoin addresses are currently in profit, as per data from Glassnode.

BTC-0.3%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin