📊 Explore the average volatility of Bitcoin reserves on Coinbase and Binance since 2018, focusing on the 90-day movement of Bitcoin reserves.

Coinbase: Notable Volatility and Trends

- Since 2018, the amount of Bitcoin reserves on Coinbase has had a noticeable fluctuation.

- It may be due to trading activities, customer withdrawals, changes in exchange policy.

- Coinbase has strict security measures, prioritizing cold wallets, leading to a decrease in reserves when investors transfer assets to personal wallets.

Binance: 📈 Long-term differential behavior

- Binance has different behavior in terms of Bitcoin reserves over the years.

- Maintain a stable position in reserves, even in volatile markets.

- Reflects trading and financial management strategy, may differ from Coinbase.

Comparison of behavior in the bull market 2020-2021

- Coinbase reduces reserves, possibly due to capital flowing into personal wallets.

- Binance accumulates digital assets, preparing to meet increased demand of cryptocurrencies during the bull market. 🚀