Bitcoin exchange reserves near record lows, with traders looking to support BTC price at $ 43,000
(BTC) is available on the exchanges is about to hit the lowest ever, the latest data shows.
As noticed by Ki Young Ju, CEO of the on-chain analysis platform CryptoQuant, foreign exchange reserves have returned to an all-time low, which was last recorded in early May.
Bitcoin exchange reserves compared to the diagram. Source: CryptoQuantBTC offer last active 1-2 years ago chart. Source: Glassnode / TwitterBTC / USD 1-hour candle chart (Bitstamp). Source: TradingView
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