Greed

2024

Bitcoin

<ul class="wp-block-list news-points">
 <li><strong>Bitcoin exchange balances drop 12.8% in 2024, signaling decreasing liquidity.</strong></li>
 <li><strong>Coinbase and Binance see significant BTC withdrawals, while OKX sees gains.</strong></li>
 <li><strong>Rising Bitcoin price aligns with high Fear &amp; Greed Index, suggesting market volatility.</strong></li>
</ul>
<p>Bitcoin exchange balances are at their lowest point since early 2023. This shows a trend of decreasing liquidity across crypto exchanges.</p>
<p>Bitcoin exchange balances have been falling throughout 2024. The total BTC is now 2.3 million, a decrease of 116,000 BTC in one month. Since the beginning of the year, exchange balances are down 315,775 BTC, around 12.8%.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> balances on exchanges have been dropping all year.<br><br>Total exchange balance for those shown below is 2.3 million <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>, which is down 116,000 in 1 month and down 315,775 this year <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/Erk6WOVele" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Erk6WOVele</a></p>— HODL15Capital <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@HODL15Capital) <a href="https://twitter.com/HODL15Capital/status/1864107757726503152?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 4, 2024</a>
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<h2 class="wp-block-heading" id="h-exchange-balances-decline">Exchange Balances Decline</h2>
<p>Among the largest exchanges, Coinbase has 783,104 BTC, but this is down 38,311 BTC over the last 30 days and 281,840 BTC since January 1, 2024. Binance has 578,991 BTC, down 29,369 BTC over the past month.</p>
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 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfuxoJAa6r7Rfop5cT0zvxw-_HlbQskGluLGSz3Qip6b_4F7Hoheh7Sz5XaflijZpqiUGW36SrkVOFYxooDyNlmOe9SHAPxktJgWvKxYfHPGkTgGdfoCFsD-iilOurk1xQ8Pj4qjQ?key=GfzY9JJrFRcRR6M8tGEofjwo" alt="">
  <figcaption class="wp-element-caption"><em><strong>Source: </strong></em><a href="https://x.com/HODL15Capital/status/1864107757726503152" target="_blank" rel="noopener noreferrer nofollow"><strong><em>X</em></strong></a>
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<p>Other exchanges like Bitmex and OKX have experienced m…</p>
<p>The post <a href="https://coinedition.com/bitcoin-exchange-balances-hit-2024-lows-signals-bullish-trend/" rel="noopener noreferrer nofollow">Bitcoin Exchange Balances Hit 2024 Lows, Signals Bullish Trend</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitcoin Exchange Balances Hit 2024 Lows, Signals Bullish Trend

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