Markets· ★★★· bullish·

Bitcoin Exchange Reserves Fall to 2023 Lows at 2.68M BTC

  • —Exchange reserves fell to 2.68 million BTC as of October 3
  • —Reserves peaked near 3.2 million BTC in early 2024 with BTC below $70,000
  • —The decline persisted through rallies to $73,000 and $126,000 and the 2026 pullback
  • —Analysts caution that outflows from Binance may stem from other factors
Why it matters: Falling exchange reserves are often read as accumulation and reduced sell pressure, though the signal is not unambiguously bullish.
#BTC
Source: U.Today
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