https://cryptoquant.com/asset/btc/chart/exchange-flows/exchange-reserve?exchange=all_exchange&window=DAY&sma=0&ema=0&priceScale=log&metricScale=linear&chartStyle=line
Exchange reserves are hardly moving up.
The numbers on your screen are dominated by paper dollar derivatives. No actual bitcoin is trading hands. Mempool is empty because actual Bitcoin does not actually move.
The dollar price is a projection of the matrix.
npub18c…uqz89
2026-02-24 12:05:17 CET
in reply to nevent1q…s7ta
Author Public Key
npub18cxqklkp83g2fv9mk7kgkag0lz4s7yacpk8ljm3sfx0agrx6320qruqz89Published at
2026-02-24 12:05:17 CETEvent JSON
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"created_at": 1771931117,
"kind": 1,
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"https://cryptoquant.com/asset/btc/chart/exchange-flows/exchange-reserve?exchange=all_exchange\u0026window=DAY\u0026sma=0\u0026ema=0\u0026priceScale=log\u0026metricScale=linear\u0026chartStyle=line"
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"content": "https://cryptoquant.com/asset/btc/chart/exchange-flows/exchange-reserve?exchange=all_exchange\u0026window=DAY\u0026sma=0\u0026ema=0\u0026priceScale=log\u0026metricScale=linear\u0026chartStyle=line\n\nExchange reserves are hardly moving up.\nThe numbers on your screen are dominated by paper dollar derivatives. No actual bitcoin is trading hands. Mempool is empty because actual Bitcoin does not actually move.\n\nThe dollar price is a projection of the matrix.",
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