#Bitcoin reserves on exchanges are at their lowest this year.
More people are moving their $BTC to private wallets, showing they're ready to hold for longer and making the market less likely to see big sell-offs.
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📉 #Bitcoin exchange reserves have dropped to around 2.8 million coins, the lowest levels in years.
This decline began in early 2022 and has accelerated over the past year.
However, recent data shows a slight reversal with a small increase in reserves over the last month.

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🚨 Breaking News: Bloomberg Intelligence's cryptocurrency market analyst, Jamie Coutts, reveals Bitcoin's role as a national reserve asset, citing El Salvador and Bhutan's strategic energy initiatives involving Bitcoin mining. Countries are effectively incorporating Bitcoin into their balance sheets. 🌐💰📊 #BitcoinReserve #CryptocurrencyAnalysis

📉 #Bitcoin exchange reserves plummet to seven-year lows!

According to CryptoQuant, only 1.92M $BTC are available for purchase on major exchanges, the lowest since 2017.

In 2021, exchange reserves were at 2.7M BTC with Bitcoin at $69k.

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