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

Cointelegraph

Published Sep 10, 2021 09:29AM ET

Updated Sep 12, 2021 12:40AM ET

Bitcoin (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. BTC/USD 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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