The amount of bitcoin held on cryptocurrency exchanges has reached its lowest level since November 2018, indicating that investors are choosing to hold bitcoin long-term instead of actively trading it. This decrease in supply on exchanges could lead to higher price volatility and increased influence from institutional investors. The reduction of available bitcoin puts pressure on buyers and suggests that investors have more faith in bitcoin as a store of value. The trend is driven by institutional adoption and the potential for regulatory clarity, shaping the future of bitcoin and the broader digital assets ecosystem.



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