Fidelity Reports Record Bitcoin Exchange Withdrawals Amid Institutional Accumulation

Bitcoin is rapidly disappearing from cryptocurrency exchanges as both corporate treasuries and sovereign wealth funds accumulate the asset, creating a supply squeeze that could reshape market dynamics. Fidelity Data Shows Bitcoin Moving to Long-Term Holders at Record Pace Bitcoin reserves on cryptocurrency exchanges have plummeted to 2.6 million BTC, the lowest level since November 2018, […]

source https://news.bitcoin.com/fidelity-reports-record-bitcoin-exchange-withdrawals-amid-institutional-accumulation/