Analysis: BTC Exchange Reserves Continue to Decline; Supply-Demand Imbalance May Drive Long-Term Rally
Source：
cryptoquant.com
Data from CryptoQuant indicates that Bitcoin exchange reserves have fallen to approximately 2.67 million BTC, a decrease of roughly 130,000 since February 2026, with the current BTC price at approximately $82,500. Analysis suggests that the reserve decline may reflect assets continuing to flow into long-term storage wallets and offline custody solutions. Notably, BTC prices have recently recovered from their lows even as exchange supply continues to contract. Should buyer demand further recover, this supply-demand imbalance could create favorable conditions for a long-term upward trend in BTC.
