Bitcoin and Ethereum Exchange Supply Hits Multi-Year Low: Implications for Market Rally

As the cryptocurrency market experiences a surge in price, investor confidence is growing. This positive sentiment is reflected in how traders are managing their assets. Data from the market intelligence platform Santiment reveals that the supply of both Bitcoin (BTC) and Ethereum (ETH) on crypto exchanges has hit multi-year lows. While this development doesn’t guarantee anything, it signifies a major bullish trend with significant market implications.