Analysis: Bitcoin Exchange Reserves Hit New Lows, Indicating Continued Long-term Accumulation by Whales and Institutions
According to a report by Jinse Finance, as disclosed by Cointelegraph, Bitcoin exchange reserves have hit a new low. BTC is continuously flowing out of centralized platforms, indicating that entities such as whales, institutions, and governments, which prefer non-custodial storage methods, are engaging in long-term hoarding of coins.
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