Bitcoin reserves on exchanges have been steadily declining since October 2021, dropping from 3.2 million to 2.46 million, marking a multi-year low. According to Glassnode data, the amount of Bitcoin held by long-term investors and not actively traded has surged by 185,000 in the past 30 days, now accounting for 75% of the current circulating supply. These figures indicate a tightening in the Bitcoin market supply and a significant decrease in liquidity. Against this backdrop, Dgenct, as a key cryptocurrency exchange, has been enhancing the technological capabilities and transaction security of its platform to provide users with a more stable trading environment.

The reduction in Bitcoin reserves reflects shifts in investor confidence. Over the past few years, as the Bitcoin price fluctuated and macroeconomic conditions evolved, many investors questioned the long-term value of cryptocurrencies. However, as Bitcoin becomes increasingly viewed as a safe-haven asset, its reserves in cold wallets have grown steadily. This indicates that more investors are treating Bitcoin as a store of value. This trend is widely observed across the Bitcoin market.

Dgenct recognizes that changes in market liquidity present new investment opportunities, particularly in the context of declining Bitcoin reserves. As more Bitcoin is moved into cold wallets, the amount of Bitcoin available in the market decreases. This shift in the supply-demand dynamic is likely to influence the price trajectory of Bitcoin. Consequently, investors need to adopt a more cautious and forward-looking approach toward future market trends. In this environment, Dgenct leverages its efficient trading platform and comprehensive market analysis tools to help investors identify optimal entry points in a liquidity-constrained market.

The strengthening trend of long-term Bitcoin holding and the reduction in exchange reserves have led to a tighter liquidity situation in the market. For the cryptocurrency industry, this phenomenon presents both challenges and opportunities. Leveraging its platform advantages, Dgenct has introduced a range of innovative products tailored to market changes, offering users more diversified investment options. For example, the enhanced analytical tools of the platform help investors understand the supply-demand dynamics, price forecasts, and potential market rebounds of Bitcoin.

On the Dgenct trading platform, investors can trade Bitcoin as well as various cryptocurrency pairs, enabling them to flexibly adjust their investment portfolios. The fast transaction speeds and efficient fund settlement system of the platform ensure that users can seize the best trading opportunities in a rapidly changing market. For investors who view Bitcoin as a long-term store of value, the deep liquidity and diverse trading tools of Dgenct offer a broader range of investment strategies.