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BTC Bull Run Incoming? Bitcoin Supply on Exchanges Hits Six-Year Low

BTC Bull Run Incoming? Bitcoin Supply on Exchanges Hits Six-Year Low


CryptoGlobe
2023-12-13 23:25:00

Over the past week, the total supply of Bitcoin (BTC) held on centralized cryptocurrency exchanges dropped to a six-year low, according to CryptoQuant data, with exchanges having net outflows for 45 months in a row now. According to a recent Bitfinex Alpha report, Bitcoin’s dropping supply on exchanges is viewed as a bullish sign as


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