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Bitcoin's dwindling exchange reserves don't pack the same bullish punch anymore

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Bitcoin's dwindling exchange reserves don't pack the same bullish punch anymore

Santiment reported that bitcoin supply is at its lowest since 2017 and ether since 2015, adding that it doesn’t guarantee prices will move higher but helps set up crypto’s next bull cycle.

Bitcoin's dwindling exchange reserves don't pack the same bullish punch anymore

Source：CoinDesk

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Source：https://www.coindesk.com/markets/2026/07/09/bitcoin-s-dwindling-exchange-reserves-don-t-pack-the-same-bullish-punch-anymore