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Bitcoin exchange reserves near record low, with traders eyeing $43K BTC price support


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559698bc836be4174c42841b3c473303Cryptocurrency3 hours ago (Sep 12, 2021 12:40AM ET)


Bitcoin exchange reserves near record low, with traders eyeing $43K BTC price support

(BTC) available on exchanges is about to hit its lowest levels ever, the latest data shows.

As noted by Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, exchange reserves have returned to all-time lows last seen in early May.

Bitcoin exchange reserves vs. chart. Source: CryptoQuant
BTC supply last active 1-2 years ago chart. Source: Glassnode/Twitter
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

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