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Since early 2023, Bitcoin’s exchange reserves have been in free fall, plunging from around 3.2 million BTC to just 2.4 million BTC—a low not seen in years. This steep drawdown signals that investors are pulling their BTC off exchanges, preferring private wallets over exchanges. This kind of outflow usually aligns with long-term holding behavior and, […] The post Glassnode Explains: Absence of LTH Losses Key Factor Delaying BTC Bear Market appeared first on Coin Edition.
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