Bitcoin CEX reserves hit a two-year low as whales ramp up accumulation

ChainCatcher cited Coinglass data showing a sharp pickup in accumulation by strategy funds and on-chain whales. Bitcoin holdings on centralized exchange (CEX) wallets have fallen to their lowest level in nearly two years, at 2.4633 million BTC. Over the past 24 hours, exchanges recorded a net outflow of 8,323.72 BTC. Net outflows over the last 30 days totaled 32,190.17 BTC.