Bitcoin Exchange Reserves Plummet, Potential $253B Buyout Looms

Bitcoin exchange reserves have experienced a significant decline since November 2024, dropping by 668,000 BTC to reach 2.43 million BTC on centralized platforms. This move signifies a major shift in the cryptocurrency market, with analysts suggesting that it indicates increased self-management of assets and long-term investment strategies. A full buyout at current prices would require over $253 billion, highlighting continued substantial liquidity within the Bitcoin system.