Bitcoin Reserves Hit Multi-Year Low as Withdrawals Escalate

In a surprising turn of events, Bitcoin‘s total reserves on exchanges plummeted to a multi-year low of 2.68 million BTC on October 3, as per CryptoQuant data. This drop coincides with Bitcoin’s brief recapture of its previous peak around $87,000, highlighting an intriguing divergence between market price movements and reserve trends.

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