Bitcoin holders' confidence index soars! 📈

Recent data shows that the reserves of Bitcoin exchanges have fallen to their lowest level in years, which is not bad news! This means that investors are confident in their long-term holding of Bitcoin. Since Trump won the US election, more than 171,000 Bitcoins have been withdrawn from major crypto exchanges, and investors have transferred them to cold wallets, apparently for long-term holding.

This trend began in 2021, and the reserves of exchanges have dropped from 3.2 million at the time to 2.46 million today. According to Glassnode data, the number of Bitcoins held by long-term investors has increased by 185,000 in the past 30 days, reaching a record 14.8 million, accounting for 75% of the current circulating supply. The future of Bitcoin is worth looking forward to! 🚀