According to ChainCatcher, according to Cointelegraph, CryptoQuant data shows that as of June 19, Bitcoin trading platform reserves (the total amount of Bitcoin available on the exchange) have fallen to a three-year low of 2,825,703 BTC. In January 2024, the balance of Bitcoin trading platforms hovered around 3,039,000.

Low trading platform reserves indicate low selling pressure and potential supply shocks.