Bitcoin Exchange Balances Hit All-Time Low as Supply Tightens
The post Bitcoin Exchange Balances Hit All-Time Low as Supply Tightens appeared first on Coinpedia Fintech News
Bitcoin balances on exchanges have hit a record low of 2.28 million BTC, showing a significant shift in investor behavior. With Bitcoin’s price holding strong at $95,362, many investors seem to be moving their holdings off exchanges into private wallets. This trend suggests a growing confidence among long-term holders and a belief in Bitcoin’s future value. Less Bitcoin on exchanges also means tighter supply, which could drive prices higher if demand stays strong. Meanwhile, the drop in exchange balances highlights Bitcoin’s growing appeal as a store of value, with more people treating it like “digital gold” rather than a short-term trade.
