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Bitcoin Supply on Exchanges Hits All-Time Low

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Son Min
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  • It was reported that the amount of Bitcoin entering all exchanges has recorded an all-time low.
  • This all-time low reflects a lack of confidence in the market stability and Bitcoin.
  • Changes in Bitcoin trading volume could significantly impact long-term investment strategies in the market.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Source=CryptoQuantSource=CryptoQuant

The amount of Bitcoin entering exchanges has hit an all-time low. On the 28th (local time), CryptoQuant announced via X that "the amount of Bitcoin entering all exchanges has recorded an all-time low," stating that "such an indicator reflects market stability and confidence in Bitcoin."

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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit