CoinScoopBinance Bitcoin reserves hit two-year high of 693,000 BTC
According to Lookonchain, Binance's Bitcoin reserves have reached a two-year high of 693,000 BTC, an increase of approximately 77,000 BTC since late April, accounting for about 30% of total reserves across major exchanges. Analysts note that Bitcoin faces significant supply pressure in the $83,000 to $85,000 range.
Summaries are written by AI from the original article. Not investment advice.