Sazmining on Nostr: 🚨 Did you see that the amount of #Bitcoin on exchanges hit a five-year low?! The ...
🚨 Did you see that the amount of #Bitcoin on exchanges hit a five-year low?!
The exchange reserve represents the total number of coins held on exchanges, and this balance has been in a downtrend since February. During Q3, this trend accelerated, and the amount of Bitcoin on exchanges recently hit a five-year low.
This suggests low liquidity on exchange platforms, meaning that if demand picks up, the price could respond quickly. 🚀
Published at
2024-10-01 18:59:01Event JSON
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"content": "🚨 Did you see that the amount of #Bitcoin on exchanges hit a five-year low?!\n\nThe exchange reserve represents the total number of coins held on exchanges, and this balance has been in a downtrend since February. During Q3, this trend accelerated, and the amount of Bitcoin on exchanges recently hit a five-year low.\n\nThis suggests low liquidity on exchange platforms, meaning that if demand picks up, the price could respond quickly. 🚀 https://image.nostr.build/1315325741a5fc6ec86915d6c9f19b579ca45535070ca4465cdb328f998acb44.jpg",
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