Bitcoin & Ethereum Exchange Supply Hits 8-Year Lows: 6.58% BTC and 4.32% ETH Signal Tightening Supply
Bitcoin and Ethereum exchange balances have dropped to multi-year lows, suggesting investors are moving assets into longer-term storage. While reduced exchange supply may indicate stronger holding…
Source: www.tronweekly.com
Expert opinions (1)
- Anton Erpulev, CEO & Co-Founder at PowerSun Market: "Bitcoin and Ethereum exchange balances have dropped to multi-year lows, suggesting investors are moving assets into longer-term storage." On the surface, this looks like classic pre-pump behavior. But having worked through multiple cycles in crypto infrastructure, I'm more cautious about what…