Bitcoin Exchange Reserves Drop to New Low, Signaling Shift in Investor Behavior

Bitcoin exchange reserves have experienced a significant decline, dropping from around 3.2 million BTC in early 2023 to 2.4 million BTC – the lowest levels in years. This suggests a substantial shift in investor behavior as long-term holdings increase and short-term selling pressures decrease. Analysis by Crypto Banter shows a rising trend of Bitcoin withdrawals being replaced with longer-term holding strategies, a pattern historically linked to upcoming price surges.