⚡️Bitcoin reserves on exchanges have fallen to the lowest level since 2018 as investors increasingly withdraw BTC for long-term storage, creating a supply shortage.
This can push the price up, especially in the face of economic uncertainty, when Bitcoin is seen as a store of value.
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.
⚡️Bitcoin reserves on exchanges have fallen to the lowest level since 2018 as investors increasingly withdraw BTC for long-term storage, creating a supply shortage.
This can push the price up, especially in the face of economic uncertainty, when Bitcoin is seen as a store of value.