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Bitcoin bulls tighten supply grip as exchange reserves hit two-year low
May 8, 2026
< 1 min read
by Nellius Irene
for CryptoPolitan
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AI Overview
~100,000 BTC withdrawn from Binance, OKX and Gemini since Feb 2026, driving aggregate exchange reserves to their lowest level in years. Declining CEX reserves reduce sell-side liquidity and can support crypto price upside, though flows to custodians/OTC or other exchanges create risk to permanence and market impact.
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About 100K Bitcoin has left Binance, OKX, and Gemini since February 2026, pushing exchange reserves to their lowest level in years.
