This article discusses the decreasing trend of Bitcoin reserves on exchanges since February. The amount of Bitcoin held on major exchanges has been steadily decreasing, with the current reserve falling to 2.2 million BTC. While it is not completely accurate to say that supply has disappeared from exchanges, the supply of Bitcoin available on exchanges is actively decreasing. This trend indicates that investors are taking their Bitcoin out of exchanges and holding it in private wallets, potentially anticipating larger price increases in the future. This decrease in Bitcoin reserves on exchanges could have major implications for the market, including increased price volatility and a trend towards long-term holding rather than trading. Many investors are closely watching the market as this shift in Bitcoin reserves could have lasting impacts on the future price of Bitcoin.



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