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Bitcoin exchange supply reduces to 5.6% as Ethereum rises to 4.6%, Alan Rogers notes

Bitcoin exchange supply reduces to 5.6% as Ethereum rises to 4.6%, Alan Rogers notes
Bitcoin exchange supply hits 2018 low

Alan Rogers reports that Bitcoin's supply on exchanges has dropped to 5.6%, marking the lowest level since 2018.

At the same time, Ethereum's exchange supply has seen a slight increase to 4.6%, according to Santiment data.

Rogers has recently reported on seven major token unlocks taking place this month, totaling $187.65 million in value and led by TON at $86.77 million. He also covered Polymarket forecasts showing an 89% chance of the Crypto Market Structure Bill being signed into law this year. These developments come as the supply of both Bitcoin and Ethereum moves on exchanges.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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