Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Binance’s Changpeng Zhao is revising WSJ ‘Fixer’ Role statement for Trump-Gelioderde World Liberty Financial

2025-05-23

Dogecoin (doge) gets hot: hints on his head in the event of a large outbreak forward

2025-05-23

Ethereum climbs back to $ 2,700 – bulls ready for an outbreak?

2025-05-23
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Eni and Certik Partner to elevate Node Security and Decentralized Trust in Web3 Space

    2025-05-23

    FIFA starts Avalanche L1 to Power Soccer NFT Collectibles Platform

    2025-05-23

    VELO works together with Paxos to redefine the infrastructure of the Stablecoin payments

    2025-05-22

    Not ECDSA. Not schnorr. Meet Dahlias.

    2025-05-22

    Alchemy Pay and Story Partner to simplify Fiat OnRamps for IP blockchain users

    2025-05-22
  • NFT

    Beratone NFT Avatars are now live on OpenSea

    2025-05-23

    Hashrate Hackers introduces Ordinals NFT collections supported by Bitcoin Hashrate

    2025-05-22

    FIFA starts Avalanche L1 to Power Soccer NFT Collectibles Platform

    2025-05-22

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Dogecoin (doge) gets hot: hints on his head in the event of a large outbreak forward

    2025-05-23

    Crack to launch 24/7 trade for Tokenized US shares via Solana

    2025-05-23

    The world’s largest crypto exchange by trade volume Binance adds support for Trump-linked World Liberty Financial Stablecoin

    2025-05-23

    XRP price to see 64,000% rally up to $ 1,700? Analysts reveal at the end of year forecasts

    2025-05-23

    Solana Memecoin on average daily volume rises 46% in May, which, following Bitcoin’s recovery, following Bitcoin

    2025-05-22
  • Learn

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Bitcoin Exchange Reserves Hit Five-Year Low: What Does This Mean?
Altcoins

Bitcoin Exchange Reserves Hit Five-Year Low: What Does This Mean?

2024-11-16No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Bitcoin market appears to have taken an intriguing turn as reserves of assets on centralized exchanges have reached their lowest levels since November 2018.

This development, marked by a CryptoQuant analyst known as G aah, points to a notable change in BTC investor behavior within the crypto space and also suggests quite an interesting trend for Bitcoin.

Bitcoin reserves on exchanges hit five-year lows

According to the analyst, Bitcoin reserves on exchanges will decline significantly by 2024, reflecting a shift towards long-term investment strategies among market participants.

Bitcoin (BTC) exchange reserve.

This trend indicates that investors are increasingly transferring their assets to private wallets, shrinking the supply available for immediate sale and increasing buying pressure in an already supply-constrained market.

According to G aah, this behavior signals a broader sentiment shift, with market participants showing greater confidence in Bitcoin as a store of value amid “economic uncertainty and rising inflation.”

By removing Bitcoin from exchanges, investors reduce the chance of a sudden sell-off, which could lead to greater price stability. However, the reduced supply on the exchanges can also lead to increased volatility, especially if demand continues to grow or remains consistent.

The CryptoQuant analyst noted:

That said, this scenario points to a potentially more volatile but resilient Bitcoin market, with less selling pressure and growing dominance of long-term holders, which could open up room for new price spikes.

BTC’s upward momentum is cooling

After hitting an all-time high (ATH) of $93,477 on Wednesday, November 13, BTC has suffered quite a noticeable correction, now down 4% from this peak. So far, the asset has failed to continue its upward momentum and looks set to see more sell-offs.

See also  Historical trends took Bitcoin to $400,000 with a shocking timeline

Bitcoin (BTC) price chart on TradingView

Currently, Bitcoin is trading below $90,000, with a current trading price of $89,779, down 1.4% in the past day. This price drop resulted in approximately $49 billion being deducted from the market cap valuation on Wednesday.

For context, as of today, BTC’s market cap is $1.775 trillion, down nearly 5% from its $1.835 trillion valuation two days ago. Bitcoin’s daily trading volume fell from over $100 billion earlier this week to less than $85 billion.

In addition to the impact on market capitalization and trading volume, BTC’s decline has also significantly affected a handful of traders. According to facts from Coinglass, approximately 170,215 traders were liquidated in the last 24 hours alone, bringing the total number of liquidations in the crypto market to $510.13 million.

Total liquidation in the crypto market

Of these total liquidations, Bitcoin accounts for $132.43 million, with the majority of liquidations coming from long positions – those that bet that the upward momentum would continue.

Featured image created with DALL-E, Chart from TradingView

Source link

Bitcoin Exchange FiveYear hit Reserves
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum climbs back to $ 2,700 – bulls ready for an outbreak?

2025-05-23

Michael Saylor – “If you don’t buy Bitcoin from his Ath, you’re leaving …”

2025-05-23

JPMorgan, Citi and others Eye Joint Stablecoin in early conversations: report

2025-05-23

Making profit when Bitcoin new all time is high is it time to act?

2025-05-23
Add A Comment

Comments are closed.

Top Posts

Magic Eden crypto [ME] increases after the listing, but concerns are increasing

2024-12-11

How this AI artist made $3 million when NFT markets fell

2023-04-26

Can Bitcoin Reach $200,000 Only If the Dollar Falls? Bitwise CIO

2024-10-30
Editors Picks

Bitcoin Bull Market remains intact unless this support breaks

2025-04-20

Bitcoin: Short-Term Holders See Profit

2023-06-26

Can L2 solutions undermine the core ethos of cryptocurrency?

2024-01-31

Bitcoin Briefly Drops Below $95,000, Causing Liquidations – Should You Be Worried?

2024-12-10
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Binance’s Changpeng Zhao is revising WSJ ‘Fixer’ Role statement for Trump-Gelioderde World Liberty Financial

Dogecoin (doge) gets hot: hints on his head in the event of a large outbreak forward

Ethereum climbs back to $ 2,700 – bulls ready for an outbreak?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$110,422.60-0.12%
  • ethereumEthereum(ETH)$2,651.881.61%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.420.78%
  • binancecoinBNB(BNB)$683.320.50%
  • solanaSolana(SOL)$180.372.50%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2425701.84%
  • cardanoCardano(ADA)$0.812.40%
  • tronTRON(TRX)$0.2731790.29%
  • suiSui(SUI)$3.82-5.40%
  • hyperliquidHyperliquid(HYPE)$35.0515.09%
  • chainlinkChainlink(LINK)$16.591.94%
  • avalanche-2Avalanche(AVAX)$24.963.88%
  • stellarStellar(XLM)$0.3003471.03%
  • shiba-inuShiba Inu(SHIB)$0.0000152.04%
  • bitcoin-cashBitcoin Cash(BCH)$437.635.60%
  • hedera-hashgraphHedera(HBAR)$0.2025991.17%
  • unus-sed-leoUNUS SED LEO(LEO)$8.86-0.04%
  • the-open-networkToncoin(TON)$3.130.01%
  • polkadotPolkadot(DOT)$4.912.42%
  • litecoinLitecoin(LTC)$99.771.73%
  • moneroMonero(XMR)$392.06-0.86%
  • bitget-tokenBitget Token(BGB)$5.789.96%
  • pepePepe(PEPE)$0.00001510.83%
  • piPi(PI)$0.79-4.78%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.06%
  • uniswapUniswap(UNI)$6.421.77%
  • bittensorBittensor(TAO)$458.95-2.84%
  • aaveAave(AAVE)$254.341.11%
  • nearNEAR Protocol(NEAR)$3.033.54%
  • aptosAptos(APT)$5.818.34%
  • ondo-financeOndo(ONDO)$1.011.19%
  • okbOKB(OKB)$52.83-0.29%
  • kaspaKaspa(KAS)$0.114524-0.41%
  • internet-computerInternet Computer(ICP)$5.612.68%
  • ethereum-classicEthereum Classic(ETC)$19.450.44%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.54-6.39%
  • gatechain-tokenGateToken(GT)$21.930.56%
  • render-tokenRender(RENDER)$5.164.81%
  • crypto-com-chainCronos(CRO)$0.0989160.05%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2494370.54%
  • vechainVeChain(VET)$0.0302161.31%
  • mantleMantle(MNT)$0.761.52%
  • ethenaEthena(ENA)$0.4169882.88%
  • worldcoin-wldWorldcoin(WLD)$1.5321.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.13%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.9010.09%
  • arbitrumArbitrum(ARB)$0.4241670.99%
  • bitcoinBitcoin(BTC)$110,422.60-0.12%
  • ethereumEthereum(ETH)$2,651.881.61%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.420.78%
  • binancecoinBNB(BNB)$683.320.50%
  • solanaSolana(SOL)$180.372.50%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2425701.84%
  • cardanoCardano(ADA)$0.812.40%
  • tronTRON(TRX)$0.2731790.29%
  • suiSui(SUI)$3.82-5.40%
  • hyperliquidHyperliquid(HYPE)$35.0515.09%
  • chainlinkChainlink(LINK)$16.591.94%
  • avalanche-2Avalanche(AVAX)$24.963.88%
  • stellarStellar(XLM)$0.3003471.03%
  • shiba-inuShiba Inu(SHIB)$0.0000152.04%
  • bitcoin-cashBitcoin Cash(BCH)$437.635.60%
  • hedera-hashgraphHedera(HBAR)$0.2025991.17%
  • unus-sed-leoUNUS SED LEO(LEO)$8.86-0.04%
  • the-open-networkToncoin(TON)$3.130.01%
  • polkadotPolkadot(DOT)$4.912.42%
  • litecoinLitecoin(LTC)$99.771.73%
  • moneroMonero(XMR)$392.06-0.86%
  • bitget-tokenBitget Token(BGB)$5.789.96%
  • pepePepe(PEPE)$0.00001510.83%
  • piPi(PI)$0.79-4.78%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.06%
  • uniswapUniswap(UNI)$6.421.77%
  • bittensorBittensor(TAO)$458.95-2.84%
  • aaveAave(AAVE)$254.341.11%
  • nearNEAR Protocol(NEAR)$3.033.54%
  • aptosAptos(APT)$5.818.34%
  • ondo-financeOndo(ONDO)$1.011.19%
  • okbOKB(OKB)$52.83-0.29%
  • kaspaKaspa(KAS)$0.114524-0.41%
  • internet-computerInternet Computer(ICP)$5.612.68%
  • ethereum-classicEthereum Classic(ETC)$19.450.44%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.54-6.39%
  • gatechain-tokenGateToken(GT)$21.930.56%
  • render-tokenRender(RENDER)$5.164.81%
  • crypto-com-chainCronos(CRO)$0.0989160.05%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2494370.54%
  • vechainVeChain(VET)$0.0302161.31%
  • mantleMantle(MNT)$0.761.52%
  • ethenaEthena(ENA)$0.4169882.88%
  • worldcoin-wldWorldcoin(WLD)$1.5321.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.13%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.9010.09%
  • arbitrumArbitrum(ARB)$0.4241670.99%