{"id":239049,"date":"2026-10-13T17:05:39","date_gmt":"2026-10-13T17:05:39","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=239049"},"modified":"2026-10-13T17:05:39","modified_gmt":"2026-10-13T17:05:39","slug":"the-amount-of-bitcoin-on-exchanges-is-shrinking-is-a-rally-imminent","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=239049","title":{"rendered":"The Amount of Bitcoin on Exchanges Is Shrinking. Is a Rally Imminent?"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

The Amount of Bitcoin on Exchanges Is Shrinking. Is a Rally Imminent?<\/a><\/p>\n

<\/div>\n

Bitcoin\u2019s price could be due a move upwards as the supply of the leading cryptocurrency on exchanges shrinks.\u00a0<\/p>\n

That\u2019s according to a researcher at data firm CryptoQuant, who wrote<\/a> in a Monday report that bitcoin on exchanges has dropped to 2.67 million from 2.8 million since February.\u00a0<\/p>\n

The price<\/a> of bitcoin was recently $83,485, unmoved over a 24-hour period but up 8% over the past 30 days after having its best quarter in years. Its surge in August and September has led a number of analysts to declare<\/a> the bear market is over.\u00a0\u00a0<\/p>\n

\u201cIf buying demand continues to improve while exchange supply remains low, BTC could benefit from a supply-demand imbalance, creating favorable conditions for a longer-term upward trend,\u201d the report by on-chain researcher Rei Researcher read.\u00a0<\/p>\n

It added: \u201cMore importantly, in recent weeks, bitcoin has recovered from its lows while exchange reserves have continued to decline. This is a notable development, suggesting that the supply readily available for trading is decreasing even as the market recovers.\u201d<\/p>\n

The report further noted that it was possible investors were taking bitcoin off exchanges to put in cold storage solutions.\u00a0<\/p>\n

Bitcoin\u2019s price was mostly trading under $65,000 for the first half of 2026. The coin spent most of this year in a bear market following the all-time high of $126,080 it hit in October 2025.\u00a0<\/p>\n

But that all changed in August. News that the U.S. Treasury would double<\/a> the size of its liquidity-support buyback operations, weakening the dollar but strengthening bitcoin and other non-yield bearing assets.\u00a0<\/p>\n

Now, the so-called debasement trade \u2014 where investors throw money at an asset to hedge against a currency losing its value \u2014 is hot again. Bitcoin is benefiting from the trade, analysts say, as it did in 2024 and 2025.\u00a0<\/p>\n

Bitcoin\u2019s price is still more than 30% below its record.\u00a0<\/p>\n

This post The Amount of Bitcoin on Exchanges Is Shrinking. Is a Rally Imminent?<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine The Amount of Bitcoin on Exchanges Is Shrinking. Is a Rally Imminent? Bitcoin\u2019s price could be due a move upwards as the supply of the leading cryptocurrency on exchanges shrinks.\u00a0 That\u2019s according to a researcher at data firm CryptoQuant, who wrote in a Monday report that bitcoin on exchanges has dropped to 2.67 […]<\/p>\n","protected":false},"author":0,"featured_media":239050,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-239049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/239049"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=239049"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/239049\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/239050"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=239049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=239049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=239049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}