Long-Term Bitcoin Holding Peaks as Exchange Deposits Drop

  • TL;DR Bitcoin exchange deposits have plummeted to December 2016 levels as investors move their funds into long-term storage. The drop from a 71,000 average to about 52,000 deposit addresses in the last 30 days highlights a strong HODL shift. With fewer Bitcoin tokens available on exchanges, selling pressure eases, bolstering confidence in future price stability.