Bitcoin sees largest accumulation wave since 2023
- —Binance BTC reserves fell from 705K to 689K in a week
- —Total exchange holdings near all-time low of about 2.7M BTC
- —25,000 new wallets holding under 1 BTC were created in a single day
- —Wallets holding 100–1,000 BTC grew 4.62% year to date
Why it matters: Falling exchange reserves reduce available supply and selling pressure, supporting BTC's price outlook as coins move to long-term self-custody.
Source: Cryptopolitan