$BTC $ETH Bitcoin reserves of Bitcoin exchanges hit a new low

Latest data: Bitcoin exchange reserves have dropped to 2.6 million BTC, a multi-year low, 600,000 less than the peak in early 2022! The rise of decentralized exchanges, the collapse of FTX and the trust crisis, and the cold storage of long-term holders have jointly driven the tightening of Bitcoin supply and increased scarcity, laying a solid foundation for price increases. With technological changes and changes in market attitudes, Bitcoin has great potential for future upside!