Data: Bitcoin CEX supply drops to a seven-year low, currently at 2.492 million coins

2025-04-29 09:27:38

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ChainCatcher news, according to Decrypt, CryptoQuant data shows that the supply on Bitcoin exchanges has dropped to a seven-year low, falling to 2.488 million BTC last Friday. The current exchange reserves stand at 2.492 million BTC, having increased by about 40,000 BTC over the weekend, but this level is still the lowest since October 2018.

CoinShares reported that for the week ending April 28, Bitcoin fund inflows reached $3.2 billion. The dual factors of declining forex balances and increasing fund inflows indicate that a new round of accumulation is imminent. During the recent rally, retail investors seem to have played a larger role than in previous weeks. This is more evident in the "exchange whale ratio," which has decreased from 0.512 on April 17 to 0.36 on April 27.

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