CryptoQuant: Bitcoin volume on exchanges is at its lowest since 2018

The number of bitcoins on exchange addresses has fallen to its lowest level since January 2018. According to CryptoQuant, investors store approximately 2.03 million BTC on trading platforms.
Analysts attribute the rise of bitcoin to a decrease in its exchange supply. And they do not rule out that after the short-term phase of profit taking is over, traders will resume accumulating BTC.
The cryptocurrency’s exchange balance has been declining since March 2020.

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