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Tag: CryptoQuant

Binance Bitcoin Reserves Hit New Low: Potential Catalyst for Next Bull Run?

The next price increase in Bitcoin in Q1 2025 would fit the pattern of past bull cycles. Binance, the world's largest crypto exchange by trading volume, has seen its Bitcoin reserves drop to their lowest level since January 2024. This significant decrease in reserves could potentially signal the beginning of a new bullish phase for Bitcoin.