Bitcoin Exchange Reserves Rebound by 28,000 in Three Weeks

A recent shift in on-chain data has revealed a significant turnaround in Bitcoin's exchange reserves.

In just three weeks, approximately 28,000 BTC have returned to centralized platforms, erasing 84% of the supply drain accumulated over a month and a half.

This rapid rebound cancels out the widely anticipated scenario of a progressive shortage of BTC on exchanges.

The influx of new bitcoins is not necessarily linked to ETF demand, as financial vehicles often source their supplies from OTC markets or directly from large holders outside public markets.