Bitcoiners are stacking ’em up: Inactive BTC supply hits all-time highs

On-chain data suggests that Bitcoin (BTC) holders are collecting BTC with exchange holdings down to yearly lows and the percentage of non-active BTC supply at all time highs.According to Glassnodes Bitcoin supply last active chart, inactive BTC that has not moved from an address for more than 1, 3 and 5 year time frames has actually been at all time highs because July 2023. 21,645 BTC has actually been withdrawn from Binance in the last month.Coinbase Pros BTC balance of 435,530 BTC puts leaves it 2nd on the list, with the U.S. based exchange also having seen 3,612 BTC withdrawn from its platform over the last 30 days. Related: Bitcoin rate all-time high will precede 2024 halving– New predictionOKX is the only exchange in the leading ten that tape-recorded a considerable inflow of Bitcoin in the last 30 days, with 4,630 BTC being moved onto the platform over the previous month.Market commentators and experts have provided lofty predictions of the prospective value of Bitcoin with its furthermore, highly-anticipated mining benefit halving set to take place in 2024.