Ghost Alpha

Exchange Reserve

Total BTC sitting in known exchange-controlled wallets, tracked over time.

2,686,232.3669 BTC

Total BTC currently held in exchange-controlled wallets - a falling reserve alongside rising price is the classic supply-squeeze pattern some traders watch for, though it is not a guarantee of future price action.

A running total of BTC sitting in known exchange wallets, tracked over time. A declining reserve means, all else equal, less BTC is immediately available for sale on exchanges.

202220232024202520262,600,0002,700,0002,800,0002,900,0003,000,0003,100,0003,200,000BTC

Feeds the Read's flows module as a core classifier input.

Receipt
Source
Coin Metrics on-chain
Fetched
2026-09-29T00:00:00+00:00 (stale)

Learn more about Exchange Reserve