Shortage of vendors? Bitcoin’s exchange reserves plunge as BitMEX bleeds BTC

Shortage of vendors? Bitcoin exchange reserves plunge as BitMEX bleeds BTC

(BTC) Foreign exchange reserves continually collapse as analysts highlight the trend of a shortage of sellers. Since the March crash, stock exchange reserves have rapidly fallen from 2,950,000 BTC to 2,700,000 BTC.

In just seven months, a 250,000 BTC drop in foreign exchange reserves means a drop of $ 2.85 billion. Behind this steep trend could lie two major factors: lower sellers and lower confidence in trade.

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