BTC AND ETH CENTRALIZED EXCHANGE BALANCES DOWN TO LOW POINTS IN YEARS

The BTC and ETH balances on the Centralized Exchange have been down to low points for many years. The analyst indicated that the indicator ' s reliability as a price signal had declined as a result of the large number of encrypted assets that had been diverted to institutional hosting, ETF, DeFi and other chain uses. At the same time, a growing number of Bitcoin and others are actually locked in by companies seeking long-term price increases. (CoinDesk)。