NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bitcoin’s Exchange Reserves Plunge—Are We On The Brink Of A Rebound?

Samuel Edyme
Samuel Edyme
4 months ago
3 mins read
Bitcoin Strategic Reserve

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin is experiencing a challenging period, with its price remaining below the $100,000 mark after a significant drop earlier this week. Today, Bitcoin hovers just above $98,000, marking a nearly 10% decline from its all-time high of over $109,000 recorded last month.

Interestingly, while BTC’s price has slowed, its exchange reserve has faced the same fate, with data showing a continuous decline from this metric.

Related Reading

49,700 Dormant Bitcoin Just Moved—What’s Next for BTC’s Price?

49,700 Dormant Bitcoin Just Moved—What’s Next For BTC’s Price?

4 months ago

Does This Suggest An Incoming Rebound For Bitcoin?

ShayanBTC, one contributor to the CryptoQuant QuickTae platform, particularly pointed out this trend in a post titled “Bitcoin Exchange Reserves Plunge: Is Supply Shock Driving the Next Rally.” According to Shayan, there is a chance that this reserve plunge will become favorable for BTC in the near term.

In the post, Shayan disclosed that exchange reserves—the amount of Bitcoin held on trading platforms—have steadily decreased. This trend often signals an accumulation phase by investors, as more market participants withdraw their BTC from exchanges to secure long-term holdings.

This reduced circulating supply can create a “supply shock,” potentially driving higher prices in the coming weeks. “As shown in the chart, Bitcoin’s exchange reserves have been on an aggressive decline, signaling an accumulation phase by investors,” Shayan explained. The analyst added:

Given that exchange reserves serve as a supply-side indicator, this persistent decline could contribute to further price appreciation in the coming weeks.

Bitcoin reserves on all exchanges.
Bitcoin reserves on all exchanges. | Source: CryptoQuant

Bitcoin Exchange Reserves Plunge

“As shown in the chart, Bitcoin’s exchange reserves have been on an aggressive decline, signaling an accumulation phase by investors.” – By @ShayanBTC7

Full post 👇https://t.co/xxyCDSg3Vw pic.twitter.com/ntVY7AuDpD

— CryptoQuant.com (@cryptoquant_com) February 6, 2025

Coinbase Premium Reaches 0 Zone

Besides the exchange reserves, another important metric worth looking at to get the full picture of BTC’s likely trajectory in the near term is the Coinbase premium index. This index measures the price difference between Bitcoin on Coinbase, often a go-to platform for institutional investors, and other exchanges.

A positive premium can indicate strong buying pressure on Coinbase, signaling institutional demand. The latest data shows that in recent days, the Coinbase Premium Index broke through the critical “0” resistance level with substantial volume, an occurrence that traders closely monitor.

Coinbase premium index.
Coinbase premium index. | Source: CryptoQuant

TraderOasis, another CryptoQuant analyst, highlighted that this breakout area also functions as a support/resistance level, making it a crucial point of interest.

Related Reading

Key Indicator Signals DCA Opportunity Amid Bitcoin Buyer Momentum

Key Indicator Signals DCA Opportunity Amid Bitcoin Buyer Momentum

4 months ago

A sustained positive premium might indicate continued institutional accumulation, which could boost Bitcoin’s price recovery. Conversely, a failure to hold this level could suggest lingering bearish sentiment or a potential for further declines.

Bitcoin (BTC) price chart on TradingView
BTC price is moving sideways on the 2-hour chart. Source: BTC/USDT on TradingView.com

Featured image created with DALL-E, Chart from TradingView

Tweet123Share196ShareSend
Samuel Edyme
Samuel Edyme

Samuel Edyme

Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.

Read more

Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.

Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.

When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)

Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.

In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.

Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think's probably unfeasible, I've done already a hundredfold.”

PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum

Dormant Ethereum Wallet Awakens After 10 Years With Millions Worth Of ETH

Ethereum has been consolidating around the $2,500 price level over the past few days, showing little momentum in either direction....

Scott Matherson 9 hours ago
XRP

If Patience Had Value, XRP Holders Would Own The Market—Expert

In a recent market twist, XRP surged almost 600% between November 2024 and January 2025. Based on latest data, that...

Christian Encila 10 hours ago
Bitcoin

Bitcoin Golden Cross Incoming, But Tensions Threaten Breakout

Bitcoin is still trying to regain short-term bullish momentum, as shown by its price action in the past 24 hours....

Scott Matherson 12 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Price Bounces Back

Bitcoin Price Bounces Back: Bulls Eye New Upside Leg

Aayush Jindal 11 minutes ago
Shiba Inu

Shiba Inu Burn Explodes 3,194%: Can It Change The SHIB Price Trajectory?

Scott Matherson 6 hours ago
Bitcoin

Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level

Christian Encila 7 hours ago

Premium Sponsors

Top Brands

Press Releases

  • アルトコイン急騰前に注目すべきアナリスト推奨の3銘柄

    ...

    12 hours ago
  • ミームコイン注目のプリセール|取引ボットで100万ドル達成、熱狂的トレーダーが殺到

    ...

    13 hours ago
  • Solaxyに注目集まる仮想通貨プレセール、クジラが2日で約50万ドルを投資

    ...

    14 hours ago
  • 仮想通貨おすすめ|今注目の5銘柄で大きな利益を狙う

    ...

    14 hours ago
  • 新しい仮想通貨が約5,000万ドル調達目前|ホエール投資家が9万ドルを購入

    ...

    15 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.