While bearish sentiment dominates the market narrative, Bitcoin supply data suggests patient capital is steadily consolidating control.
THIS Bitcoin metric drops to FTX-era levels – And last time, BTC rallied 67%
AI IMPORTANCE: 7/10
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AI INSIGHT
Bitcoin exchange reserves fall to FTX-era levels today, matching levels last seen during the FTX collapse in November 2022; last time reserves were at this level Bitcoin later rallied about 67%, on-chain data show.
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