
Bitcoin reserves at exchanges plummet — brace for volatility surge?
Date: 2025-06-02 05:22:24 | By Eleanor Finch
BREAKING: Bitcoin's Exchange Supply Plummets to Record Lows - Brace for Epic Volatility Surge!
Exchange Reserves Hit Rock Bottom as BTC Soars to New Heights
Holy smokes, crypto fans! Bitcoin's supply on exchanges has just nosedived to its lowest ever, sparking wild expectations for some serious price swings ahead. You heard it here first!
Get this: according to the latest scoop from CryptoQuant, the total amount of Bitcoin chilling on centralized exchanges has shrunk to a mere 2.5 million BTC as of late May 2025. And while that number's been steadily dropping, Bitcoin's been on a tear, smashing through to a mind-blowing all-time high above $111,500. Talk about a wild ride!
Check out the crazy divergence between exchange reserves and prices, folks. As Bitcoin's value shoots up to the moon, the amount held on exchanges is taking a nosedive. CryptoQuant's chart is painting a vivid picture, with the white line for price shooting skyward and the blue line for reserves sliding downhill. It's like watching a rollercoaster in action!
Listen up, because history's got something to say about this. Whenever Bitcoin's supply on exchanges starts shrinking, you can bet your bottom dollar that prices are gonna get wild, especially when demand's through the roof. Analysts are buzzing, saying this could be the start of a whole new chapter for the market, with big moves in either direction fueled by this tight supply. Buckle up!
But wait, there's more! It looks like the big dogs are snapping up Bitcoin like it's going out of style. Those institutional investors with wallets stuffed with 1,000 to 10,000 BTC? They've been on a buying spree, stashing their haul away in cold storage. These guys mean business!
Get a load of this: Strategy just scooped up another 7,390 BTC in May, bringing their total stash to a whopping 576,230 BTC. That's about 2.75% of the entire supply, and they got it at a sweet average price of $69,726. But they're not alone - GameStop and Japan's Metaplanet are also piling in, adding to their Bitcoin war chests. It's a frenzy out there!
And hold onto your hats, because spot Bitcoin ETFs are raking in the cash, pulling in a cool $5.23 billion in inflows over the past month, according to SoSoValue. Governments are getting in on the action too, with the UAE and Pakistan stepping up their Bitcoin hoarding game. Meanwhile, U.S. lawmakers are talking about setting up a national Bitcoin reserve. Can you believe it?
Now, let's get technical for a sec. Bitcoin's in a bit of a holding pattern right now. Momentum indicators are all over the place - the relative strength index is chilling at 52, showing neutral vibes, while the moving average convergence divergence is leaning a bit bearish. Short-term moving averages are hinting at some downward pressure, but the long-term outlook? Still looking solid, my friends.
Here's the deal: Bitcoin's trading way above the 200-day EMA and SMA, and both of those bad boys are on an upward tear. If Bitcoin can bounce back and reclaim that short-term moving average around $106,000, we could be looking at a rocket ride to $110,000 or even higher. But if it can't hold onto that support, buckle up for a wild ride down to $98,000 or even $94,000. It's all on the line, folks!

Disclaimer
The information provided on HotFart is for general informational purposes only. All information on the site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the site.
Comments (0)
Please Log In to leave a comment.