Bitcoin Supply on Exchanges Hits Astonishing 7-Year Low

Quick Summary:

Crypto market watchers are buzzing about a significant on-chain metric: the Bitcoin supply on exchanges has plunged to levels not seen in seven years.

This development, highlighted by data from analytics firm CryptoQuant, suggests a major shift in investor behavior and could have profound implications for the future price trajectory of the world’s leading cryptocurrency.

When a large amount of Bitcoin sits on these platforms, it’s often seen as readily available supply for selling.

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets: India

Topics: On-Chain Data Crypto Markets Crypto News CryptoQuant $BTC BITCOIN

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 03:20:30 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 719 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 28278208

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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Publisher ID: #121

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