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On-Chain Insight: Exchange Reserve BTC Declines
On-chain data shows that the amount of BTC held on exchanges has continued to decline over the past few months — a common signal that holders prefer moving their coins to cold storage (self-custody) rather than keeping them ready to sell.
Historically, declining exchange reserves have often been associated with a medium-term "accumulation phase" sentiment.
$BTC #OnChainAnalysis #Bitcoin