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0 sats \ 0 replies \ @116165 OP 21 Sep 2023 freebie
Bitcoin reserves on major exchanges like Coinbase and Binance have hit a six-year low as of September 20, 2023, despite the market stabilizing. This decrease is influenced by regulatory pressure from the SEC, with lawsuits against exchanges like Binance and Coinbase for alleged securities violations. Traders are moving their Bitcoin to non-custodial wallets due to regulatory uncertainty, but this trend doesn't guarantee a price recovery for BTC.