Bitcoin Reserves Hit Record Low as Institutional Accumulation Continues; El Salvador's BTC Holdings Grow

The reserves of Bitcoin held by exchanges have fallen to a record low, indicating continued active accumulation of coins by investors and institutions. Meanwhile, El Salvador has added another 8 BTC to its holdings, bringing its total to 6,194.18 BTC. In market dynamics, the daily volume of trading on decentralized exchanges reached $464 billion in May, with new records set by BNB Chain Dex ($178.2 billion) and Hyperliquid ($248.3 billion), the latter earning $70.45 million. The NFT market experienced a 16.7% decline over a week, with trading volume falling to $105.7 million, but participation increased significantly, with buyers up by 55.3% and sellers by 19.2%. Additionally, James Winn has addressed issues regarding the blocking of his accounts across various exchanges. He confirmed active trading on multiple platforms but denied allegations of manipulating meme coin prices.