# Bitcoin exchange reserves hit a new low 📉

According to Crypto Quant data, the number of Bitcoin exchange reserves has dropped to the lowest point this year, about 2.69 million. This data may mean that more Bitcoins are being transferred to private wallets and investors are more confident in long-term holding. What do you think? What impact will this have on the market? Feel free to share your views in the comment section!#Bitcoin#Blockchain #CryptoQuant