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Tradox
📊 Bitcoin’s Liquidity Shift Is Becoming More Important
Bitcoin’s declining coin-denominated trading volume doesn’t necessarily signal weaker demand. As BTC’s price rises, the same dollar value can be traded with fewer coins.
🏦 At the same time, U.S. spot Bitcoin ETFs now hold a significant amount of BTC, while exchange reserves have fallen sharply since 2024.
Less BTC sitting on exchanges while institutional holdings continue to grow.$BTC
#SepFOMCRateHikeOutlook

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