Bitcoin’s supply on exchanges has dropped to its lowest level in nearly 6 years, according to leading in-chain metrics platform Santiment. The current supply of Bitcoin on exchanges is now at just 5.8%, and whale transactions have also been spotted in the market.The new week looks promising for Bitcoin, as the apex cryptocurrency clears weekly losses and heads towards the $26,000 price levels. Trading volume has skyrocketed, with gains surging past 34%, and market cap is also correcting upwards.Ethereum, the second most valued cryptocurrency by market cap, is also on a fundamentally bullish path. 35% of Ethereum’s total supply is now being held by the 10 largest Ethereum addresses, which may be due to market players capitulating their current position, as a result of the ongoing FUD fueled by the recent crypto market decline.

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Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	8
People	None
Companies	eToro, None, Santiment, FAC, FINRA
Currencies	Polygon, Bitcoin, Harmony, Ethereum, Tether
Securities	None