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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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Analysis: Bitcoin trading platform reserves have hit a new low, indicating that whales and institutions are continuing to hoard coins.
BlockBeats news, on May 31, according to Cointelegraph, the reserve levels of Bitcoin trading platforms have hit a new low. BTC is continuously flowing out of centralized platforms, indicating that entities such as whales, institutions, and governments are more inclined to engage in long-term Coin Hoarding through non-custodial storage methods.