Fidelity Reports Record Bitcoin Exchange Withdrawals Amid Institutional Accumulation

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Rommie Analytics

Fidelity Reports Record Bitcoin Exchange Withdrawals Amid Institutional AccumulationBitcoin is rapidly disappearing from cryptocurrency exchanges as both corporate treasuries and sovereign wealth funds accumulate the asset, creating a supply squeeze that could reshape market dynamics. Fidelity Data Shows Bitcoin Moving to Long-Term Holders at Record Pace Bitcoin reserves on cryptocurrency exchanges have plummeted to 2.6 million BTC, the lowest level since November 2018, […]
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