Key facts: BTC reserves at multi-year low; Bitcoin declines post-halving; Institutional demand stabilizes
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The BTC exchange reserve metric has decreased to 2.75 million BTC, reaching a multi-year low, which reflects ongoing accumulation and reduced sell pressure on centralized exchanges.1Bitcoin has seen its first decline in a post-halving year, breaking the usual four-year cycle. This shift suggests lower returns, influenced by ETFs and institutional investment.2Institutional demand for Bitcoin remains strong, with major players and regulated ETFs regularly buying, helping stabilize the market and avoid significant failures like those in 2022.3
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