Bitcoin Balance On Exchanges Increases; Is BTC Primed For A Major Down-Move? Over the past two weeks, the quantity of Bitcoin held within centralized crypto exchanges saw a 3.1% surge. While various factors might underlie this movement, pundits analyzing blockchain data often interpret the shift as a negative development. BTC Exchange Inflows Increasing ConsiderablyData from on-chain analytics firm Santiment shows a steady increase in Bitcoin deposits on exchanges. The “supply on exchanges” refers to the percentage of the total circulating supply of BTC currently held in the wallets of all centralized exchanges. This metric has increased by 3.1% in two weeks as traders look motivated to take small profits. #Bitcoin has enjoyed a slight +2% price jump, returning back to $26.3K for the first time in a week. Keep an eye on the supply of $BTC on exchanges, which has increased by 3.1% in 2 weeks. Traders appear to be motivated to take small profits. https://t.co/BOySHhMQ2O pic.twitter.com/AVWdS8sgMb