10x Research: Bitcoin exchange balances drop to six-year low

10x Research: Bitcoin exchange balances drop to six-year low

Chaincatcher

Chaincatcher2025/10/05 07:29

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ChainCatcher reported that 10 x Research posted on X platform, stating that the bitcoin exchange balance has dropped to its lowest point in six years, indicating that supply is rapidly depleting. In addition, billions of dollars in ETF inflows and changes in institutional behavior suggest that there may be deeper reasons behind bitcoin breaking its all-time high.

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A certain whale has transferred the remaining 7,654 ETH from three other wallets, with a total profit of approximately $4 million from this cash-out.

A whale has transferred another 7,654 ETH to an exchange, bringing its total deposits to 17,823 ETH.

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