According to CoinDesk, Matt Weller, head of global markets at Forex.com, diagnosed that “BTC balances on cryptocurrency exchanges are currently at 2.3 million, the lowest since April 2018.” He said, "The BTC balance on the exchange was 3.2 million in May 2020 and 2.6 million a year ago. If market supply decreases, even a small increase in demand can cause the BTC price to rise significantly. In addition, the BTC volume that has not moved in 10 years is also “The fact that it recorded 3 million units is also one of the positive factors,” he explained.

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