Bitcoin Exchange Balances Hit 6-Year Low, Sparks Supply Shock Expectations

Bitcoin exchange balances have fallen below 2.9 million BTC to set a new 6-year record amid supply shock expectations. As the number of BTC on exchanges falls, bulls are rubbing their hands in glee at the prospect of a rally for the flagship cryptocurrency. Bitcoin Exchange Balances Tumble Below 2.9 million On-chain data from Glassnode

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