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The Nexus
BUSINESSMay 7 · 21:52 UTCCOINTELEGRAPHCointelegraph by Biraajmaan Tamuly

Bitcoin exchange reserves fall to two-year low after $8B exodus

Bitcoin exchange reserves have fallen to a two-year low after $8 billion worth of Bitcoin exited major exchanges, with nearly 100,000 Bitcoin leaving exchanges and OTC balances tightening. Demand from accumulator addresses increased by 60%, indicating reduced liquid supply. This significant exodus points to a shift in market dynamics.

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