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‘Stop panic selling’ — Bitcoin whales bag spare BTC as exchange balances fall -Breaking

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(BTCThe price of ) has risen to $30,000, as buyers begin to absorb liquidity from sellers on the short-term.

CryptoQuant is an on-chain monitoring tool that collects data ShowsBitcoin exchanges started to reduce their BTC reserves in December.

Bitcoin exchange reserves vs. chart. Source: CryptoQuant