Analyst: BTC and ETH user balances fell to a four-year low, which can be seen as a bullish signal for the future

Odaily News Glassnode data shows that as investors wait for higher prices in the bull market, the balance of Bitcoin and Ethereum users on centralized exchanges has fallen sharply, with the value of Bitcoin falling to less than 2.3 million (about $158 billion) and the value of Ethereum falling to less than 16 million (about less than $58 billion). The user balances of the two major cryptocurrencies have fallen to a four-year low, and analysts interpret this move as a bullish signal for the future. (Bitcoinist)