The Bitcoin reserve on exchanges has dropped to just 2.43 million BTC (a 7-year low). Bitcoin has recently been purchased at the fastest pace in 10 years, with a net outflow of over $3.4 billion from exchanges over the past 30 days. Whale wallets have accumulated 270,000 BTC in the last 30 days, including a single-day purchase of 32,000 BTC—a new all-time record. Hodl during bear markets, cash in during bull markets—this year, both institutional whales and retail investors are positioning themselves in Bitcoin, determined not to miss the once-every-four-years opportunity to buy the dip. https://t.co/1tVLndT2hY
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