Bitcoin Supply Squeeze Unwinds as 28,000 BTC Return to Exchanges

AI Summary Bitcoin exchange balances have recovered 84% of a six-week decline, weakening claims that ETF demand is creating an immediate shortage. Santiment data shows the reversal unfolded in less than three weeks. Bitcoin Exchange Supply Reverses Bitcoin’s exchange supply reached its highest level since June 15, Santiment Intelligence shared on Aug. 17, challenging claims that spot […] fulltext: 385 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/market-updates/bitcoin-supply-squeeze-unwinds-as-28000-btc-return-to-exchanges/ Source: Bitcoin.com News