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Crypto News Summary April 23
Bitcoin led April 23 crypto markets above $75,000 as supply tightened, risk appetite rose, and stablecoin, NFT, payments, and altcoin stories drove flows.
Bitcoin Bull Score Rises as Reserves Fall
Bitcoin's bull score is rising as exchange reserves fall to 2.683M BTC, tightening sell supply, even as spot retail activity remains weak.
XRP Exchange Outflows Signal Supply Shock
XRP exchange balances are falling toward multi-year lows as price holds near $1.34, fueling supply shock talk and signaling tighter liquid sell pressure.
SHIB Reserves Drop 125B in 24 Hours
SHIB exchange reserves fell by 125B tokens in 24 hours on Monday, hinting at lower near-term sell pressure as holders moved coins off exchanges.
Ethereum Exchange Reserves Slide to Multi-Year Lows as ETH Flows Into Staking and Self-Custody
Ethereum exchange reserves hit multi-year lows after 31M ETH withdrew in February, shifting to staking and self-custody as price hovers near $2K, less liquidity.
Ethereum Derivatives Reset Meets Multi-Year Low Exchange Reserves—Is an ETH Supply Shock Next?
Ethereum futures open interest plunged $33.3B to $11B as exchange reserves hit multi‑year lows, raising odds of an ETH supply shock if spot demand returns.