Bitcoin Exchange Reserves Hit Lowest Since 2018, Signaling Potential Price Surge
July 8th, 2025 1:05 PM
By: Newsworthy Staff
The decline in Bitcoin held on exchanges to 14.5%, the lowest since August 2018, may indicate an upcoming price increase due to reduced supply for trading.
The amount of Bitcoin held on cryptocurrency exchanges has significantly decreased, now accounting for only 14.5% of the total available supply, a level not observed since August 2018, as per recent data from Glassnode. This reduction in exchange reserves could foreshadow a potential price surge, as a diminished supply available for trading often leads to increased demand pressure. Centralized exchanges, including Coinbase Global Inc., are likely monitoring these developments closely, adjusting their forecasts in response to the tightening supply of Bitcoin for active trading.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
