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Bitcoins supply on exchanges has fallen to its lowest level, raising expectations for a potential spike in volatility.According to data from CryptoQuant, the total amount of Bitcoin (BTC) held across all centralized exchanges decreased to just under 2.5 million BTC as of late May 2025. This steady drop has been accompanied by a strong price rally, with Bitcoin most recently reaching a new all-time high above $111,500. The data indicates a significant divergence between exchange reserves and pric