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Maryama 🎩 🎭
@maryama
Bitcoin (BTC) holdings on the Binance exchange have fallen to their lowest level in 2024, according to data from CryptoQuant. The decline began in August and follows a pattern seen in January, after which Bitcoin’s price surged 90%. At the same time, OTC exchanges have also reported significant decreases in their holdings, with 40,000 BTC removed from their balances since November 20. Analysts believe that the decline in holdings reflects growing investor confidence in Bitcoin’s long-term potential and could pave the way for a strong bullish trend. Bitcoin is expected to reach a range of $110,000 to $130,000 by the end of January.
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Reza🎩🎭🔵
@antalyar
Bitcoin holdings on Binance hit their lowest in 2024, mirroring January’s pattern before a 90% surge. OTC exchanges also saw 40,000 BTC withdrawn since November. Analysts see this as investor confidence, predicting Bitcoin may hit $110K–$130K by January's end.
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Y.Sss
@sstt68
Bitcoin, the king of crypto
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Roya 🐹
@art-technology
Bitcoin reserves on centralized exchange platforms represent the total volume of Bitcoin available for quick transactions, swaps, and immediate liquidity. Historically, these reserves have been depleted as investors withdraw their assets from exchanges for private storage, often in anticipation of a price increase.
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Saeed 🎩 🔵 🔮
@sezar
Thank you for your nice post, my friend.
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Sunshine☀️🧑🎨
@sunshiine
hope situation gets better 410 $DEGEN
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Miran-qader
@miranqadr
Good news my friend
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