$BTC wallets hit a new ATH - exchange supply drops 🔔
According to Santiment, the number of wallets holding Bitcoin just reached a record 58.45M. That’s another signal that long-term participation in the network keeps growing 📈
👀 At the same time, the amount of Bitcoin stored on exchanges has dropped to its lowest level since 2017. More investors appear to be moving coins into personal wallets and cold storage instead of keeping them on trading platforms.
For the market, this combination matters: more holders + less exchange supply often points to stronger long-term conviction in Bitcoin 🔥