Bitcoin price eyes rally as exchange supply hits 10-year low
The post Bitcoin price eyes rally as exchange supply hits 10-year low appeared on BitcoinEthereumNews.com.
Despite Bitcoin price drop, BTC held on exchanges has dropped to its lowest level in over ten years, a signal that investors are still accumulating rather than selling Summary Bitcoin’s exchange balances have dropped to a 10-year low, showing strong accumulation. Liquidations cleared excess leverage, creating a healthier setup for recovery. Technicals remain mixed, but long-term support near $108K holds firm. Bitcoin fell below $113,000 as traders retreated after the weekend sell-off triggered by tariff news. In the last week, Bitcoin has dropped roughly 10%, trading between $109,883 and $125,023. The cryptocurrency is now 9% below its Oct. 6 record high of $126,080. Trading activity also slowed, with daily volume down 25% to about $69 billion, Data from CoinGlass shows derivatives volume rose slightly by 0.14% to $109.97 billion, while open interest fell 1.8% to $73.36 billion. This mix of rising volume and falling open interest often means traders are closing leveraged positions, a healthy reset after a volatile week. Bitcoin exchange reserves hit 10-year low According to an Oct. 14 analysis by CryptoQuant contributor Chairman Lee, the amount of Bitcoin (BTC) stored on centralized exchanges has dropped to around 2.4 million BTC, the lowest level since 2015. In 2020, that figure was more than 3.5 million BTC. The steady decline marks one of the most consistent withdrawal trends in Bitcoin’s history. Lee notes that when fewer coins are available for trading, selling pressure tends to ease. Historically, such periods of shrinking supply have often come before major rallies, as seen in 2020 and 2021. This pattern suggests that while prices may appear weak in the short term, the underlying structure remains strong. As long-term holders, institutional investors, and exchange-traded funds continue to transfer Bitcoin into regulated custody and cold wallets, Bitcoin’s supply will tighten even further. Post-liquidation reset could fuel…
Filed under: News - @ October 14, 2025 7:26 am