Institutional Liquidity Returns as Bitcoin’s Exchange Supply Ratio Climbs

Bitcoin’s exchange supply ratio (ESR) has been steadily increasing since mid-October, reaching a peak since September. This rise in exchange reserves signals a shift from selling pressure to a strategic restructuring of liquidity by institutional investors. 📈 💰 While Bitcoin remains stable around $103,000, this increased holding on exchanges suggests the funds are likely being allocated towards derivatives markets and hedging operations rather than direct spot sales. ✅ 📉 🧐