🚨 Bitcoin & Ethereum exchange supply hits multi-year lows.


📉 Bitcoin reserves on centralised exchanges are at their lowest since 2017, while Ethereum balances have dropped to their lowest since 2015, according to Santiment.
Less exchange supply could reduce selling pressure and strengthen long-term bullish sentiment, but CryptoQuant's NUPL suggests BTC has not yet reached a historical cycle bottom.
👀 All eyes are now on demand from institutions, ETFs, and retail investors.
BTC-2.87%
ETH-3.76%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned