coin-img-ETHETH-5.14%coin-img-BTCBTC-4.26%coin-img-OKBOKB-3.20%coin-img-OPNOPN-13.58%coin-img-SOLSOL-4.92%coin-img-TAATAA-13.22%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-3.05%coin-img-ETHETH-5.14%coin-img-BTCBTC-4.26%coin-img-OKBOKB-3.20%coin-img-OPNOPN-13.58%coin-img-SOLSOL-4.92%coin-img-TAATAA-13.22%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-3.05%coin-img-ETHETH-5.14%coin-img-BTCBTC-4.26%coin-img-OKBOKB-3.20%coin-img-OPNOPN-13.58%coin-img-SOLSOL-4.92%coin-img-TAATAA-13.22%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-3.05%coin-img-ETHETH-5.14%coin-img-BTCBTC-4.26%coin-img-OKBOKB-3.20%coin-img-OPNOPN-13.58%coin-img-SOLSOL-4.92%coin-img-TAATAA-13.22%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-3.05%

Bitcoin Exchange Balances Drop Below 2.7M BTC, Lowest Since 2018

Bitcoin holdings on centralized exchanges fell below 2.7 million BTC, the lowest level since 2018, CryptoQuant data show. Exchange balances peaked above 3.5 million BTC during the last bull cycle before declining amid 2022 market turmoil and rising spot Bitcoin ETF and corporate treasury demand. BTC recently failed to hold above $72,000 resistance and is trading near $70,000, with analysts eyeing $64,000 and $60,000 as key support levels, TradingView data show. Separately, the Bitcoin Hyper presale has raised over $32 million, offering tokens at $0.0136751 with staking rewards up to 37% for early participants, according to the project's official website.
Selected
BTC
BTC-4.26%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.