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Bitcoin reserves on exchanges rebound by 28,000 BTC, reversing six weeks of decline and easing supply concerns.

Market News
18 Aug 2026
Cointribune
View Source
Neutral
Bitcoin reserves on exchanges rebound by 28,000 BTC, reversing six weeks of decline and easing supply concerns.

After six weeks of continuous withdrawals that reduced Bitcoin reserves on exchanges by 33,000 BTC, a rapid reversal occurred with 28,000 BTC returning to centralized platforms in less than three weeks. This rebound erases 84% of the previous supply drain, reducing fears of an immediate Bitcoin shortage. The increase in reserves highlights the complex dynamics between institutional ETF demand, which often sources Bitcoin off-book via OTC markets, and liquidity on public exchanges. This shift suggests a strategic reallocation of Bitcoin holdings and provides more market depth to absorb future volatility, though the long-term impact remains uncertain.

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