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Bitcoin Deposits on Exchanges Decline as Investors Hold on to Their Holdings

July 4 (Cointime) - The Exchange Depositing Addresses indicator for BTC has been decreasing in recent weeks, indicating a decline in interest in selling the cryptocurrency. This is supported by data showing a decrease in BTC supply on exchanges and an increase in holdings by whales. While this lack of selling may be good for BTC's price in the short term, it could lead to stagnancy and difficulty in breaking psychological price points in the long term.

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