@ports
Bitcoin exchange reserves dropping below 10%, hitting 7.53%—the lowest since 2018—may hint at a super bull market. Historically, low reserves signal holding over trading, shrinking supply. Past drops, like in 2020, preceded big rallies (e.g., $10K to $65K). With 94.3% of BTC mined and institutions like BlackRock holding 470K+ BTC, demand could outpace supply. X posts from March 2025 see this as bullish. Yet, macro risks—rates, tariffs, or regulation—could stall it, as seen with February’s dip below $90K. Low reserves set the stage, but a surge needs a spark. Watch institutional moves and global cues. (137 words)
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