Shift

Satoshi

Millions

Bitcoin

Show

<p><a href="https://twitter.com/ali_charts/status/1757787603573596629?t=zdmMgHpJhzwo26Pur1eEBA&amp;s=19" target="_blank" rel="nofollow">According to crypto analyst Ali, </a>the amount of Bitcoin held in known cryptocurrency exchange wallets has dropped to 2.34 million BTC – the lowest level seen in six years. This significant decrease suggests a growing trend of investors withdrawing their Bitcoin off exchanges, potentially indicating a shift toward long-term holding strategies.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="502" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-540-1024x502.png" alt="" class="wp-image-438432" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-540-1024x502.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-540-300x147.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-540-767x376.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-540-1536x753.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-540-2048x1004.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-540-306x150.png 306w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-540-100x49.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-540-714x350.png 714w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-540-788x386.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-540.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>“The amount of #Bitcoin held in known #crypto exchange wallets has dropped to its lowest level in six years, now totaling just 2.34 million $BTC!” Ali tweeted. “This significant decrease suggests a growing trend of investors moving their #BTC off exchanges, potentially indicating a shift toward long-term holding.”</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p><strong>Bitcoin Halving 60 Days Away</strong><br>In addition to declining supply on exchanges,<a href="https://twitter.com/SatoshiFlipper/status/1757755258808267082?t=tgT_BqK4D2Pb1U28lDNLVA&amp;s=19" target="_blank" rel="nofollow"> crypto analyst Satoshi Flipper </a>noted that the Bitcoin halving, which cuts Bitcoin issuance by half, is only 60 days away. Satoshi Flipper suggested that the Bitcoin halving will add even more price pressure.</p> 
<p>“Only 60 days away. This will put even more pressure on price to go higher,” Satoshi Flipper tweeted.</p> 
<p><strong>Bitcoin Surges Past $51,000 to Hit New Yearly High </strong><br><a href="https://twitter.com/CryptoMichNL/status/1757727384844026300?t=uVyrPPuGhPfxeQen4S2ajQ&amp;s=19" target="_blank" rel="nofollow">Crypto analyst Michaël van de Poppe</a> noted that Bitcoin recently broke through the $51,000 level to set a new high since 2023. This breakout comes on the back of significant strength in the overall crypto markets. Bitcoin has been gaining momentum over the past several weeks and finally managed to eclipse the previous 1-year high under $51,000.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="518" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-539-1024x518.png" alt="" class="wp-image-438424" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-539-1024x518.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-539-300x152.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-539-767x388.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-539-1536x777.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-539-2048x1035.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-539-297x150.png 297w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-539-100x51.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-539-692x350.png 692w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-539-788x398.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-539.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>According to van de Poppe, Bitcoin is demonstrating more underlying power than he initially expected at this stage of the market cycle. Given the robust price action ahead of Bitcoin’s halving in May, he now believes Bitcoin could peak between $54,000 to $58,000 before that key event occurs.</p> 
<p>“There’s more strength in the markets than I expected. Probably we’ll see $54-58K pre-halving as a potential peak,” van de Poppe tweeted.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/are-ethereum-tips-useful-this-smart-trader-made-over-2-million-in-12-hours-with-this-altcoin/" target="_blank">Are Ethereum Tips Useful? This Smart Trader Made Over $2 Million in 12 Hours With This Altcoin</a></li> 
 <li><a href="https://captainaltcoin.com/major-network-upgrade-triggers-surge-in-sei-token-price-analyst-anticipate-seis-big-breakout/" target="_blank">Major Network Upgrade Triggers Surge in Sei Token Price: Analyst Anticipate SEI’s ‘Big Breakout’</a></li> 
 <li><a href="https://captainaltcoin.com/intuitive-streaming-platform-deestream-dst-get-cardano-ada-litecoin-ltc-investors-pouring-in-early-as-presale-looks-to-hit-40x-in-months/" target="_blank">Intuitive streaming platform DeeStream (DST) get Cardano (ADA) &amp; Litecoin (LTC) investors pouring in early as presale looks to hit 40x in months</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/bitcoin-exchange-reserves-hit-six-year-low-as-btc-holders-shift-strategy-while-price-reaches-new-yearly-high/">Bitcoin Exchange Reserves Hit Six-Year Low as BTC Holders Shift Strategy While Price Reaches New Yearly High</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Bitcoin Exchange Reserves Hit Six-Year Low as BTC Holders Shift Strategy While Price Reaches New Yearly High

Obsah

CaptainAltcoin

Ďalšie články zverejnené 15. 2. 2024

Craig Wright remembers smashing Satoshi’s hard drive while on sedatives

Bitcoin Soars to Record Value While Altcoins Prepare for Strong Market Performance

NY Bankruptcy Judge Permits Genesis To Liquidate $1.3B Worth of GBTC Stock To Compensate Investors

Sui and Sei Surge in TVL, Solana Sees Spike in Daily Transactions

Valentine’s Day: Be Careful of Crypto Romance Scams

US Treasury Official Clarifies Crypto’s Minimal Role in Hamas Funding

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!