The exchange reserves have always been my primary focus on the data side. Over the past week, BTC reserves have been steadily decreasing, especially on Monday when there was a significant buying volume as Bitcoin's price surged, further reducing the exchange reserves. However, this buying power was less than 500 BTC. In fact, the data once again confirms what has been said all along: the rise in BTC price isn't due to exceptionally strong buying power, but rather because the selling volume continues to decline. This post is sponsored by Bitget ｜ @Bitget_zh