Bitcoin Reserve Drop Draws Market Attention as Nexchain’s Stage 29 Presale Pushes Toward Completion
Nexchain is moving through one of its busiest weeks as Stage 29 approaches its upper limit. The crypto presale continues to record steady activity, supported by Testnet 2.0 progress.
During the same period, Bitcoin exchange reserves experienced one of the fastest multi-day declines of the year, creating new discussion across major trading channels. While both developments sit in different market segments, they remain important signals for users tracking broader crypto conditions.
Bitcoin Exchange Reserves Fall Sharply After Months of Gradual Outflows
Bitcoin exchange reserves dropped from roughly 2.4 million BTC to 1.82 million BTC between November 21 and November 27, according to CryptoQuant data. The reduction of more than 580,000 BTC in under a week marks one of the most notable multi-day outflows this year. The move has renewed attention on large wallet activity and broader market risk positioning.
Source: CryptoQuant
BTC trades near $91,700, showing a 6% daily increase but remaining slightly down over the week. The recovery follows a pullback below $81,000, yet Bitcoin still sits about 27% below its all-time high of over $126,000, reached in early October.
On-chain activity suggests that larger holders have withdrawn coins from exchanges, possibly into custody or cold storage. Santiment data shows 91 new wallets holding at least 100 BTC created since November 11. At the same time, the number of smaller wallets has decreased, pointing to lower participation from retail users.
Testnet 2.0 Progress Reinforces Nexchain’s Position in the Web3 Crypto Presale Segment
Development progress remains central to Nexchain’s appearance in top presale crypto evaluations. Testnet 2.0 introduces upgraded modules that analyze transaction types, sender reputation, transfer values, and contextual tags. These features help automate workflows and support real-time decision systems across financial and cross-chain environments.
The network continues to roll out updates as internal reviews conclude, offering users a clear view into ongoing work. This activity has contributed to Nexchain’s rise within cryptocurrency presales that present measurable development rather than speculative concepts alone.
The team also confirmed a stage correction earlier this week after detecting an issue in the progression system. All affected purchases were recalculated to match the accurate price tier, ensuring consistency within the presale coin structure.
Utility and Rewards Strengthen Participation in Nexchain’s Token Presale
NEX remains central within Nexchain’s broader ecosystem. Holders receive 10% of daily network gas revenue when tokens are stored in non-custodial wallets. The model appeals to users reviewing pre sale cryptocurrency options that provide clear value distribution.
The token functions across AI services, microtransactions, and dApp payments inside the Nexchain environment. These features continue to attract users monitoring new token presale opportunities with defined use cases.
Final Thoughts
As Bitcoin records notable reserve outflows and Nexchain progresses toward completing Stage 29, interest remains elevated across different areas of the market. Users tracking crypto presales, token presale events, and broader market shifts continue to review Nexchain’s dashboard at https://nexchain.ai/.
Learn more about the Nexchain presale here:
Website: nexchain.ai/
X: x.com/nexchain_ai
Telegram: t.me/nexchain_ai
LinkedIn: www.linkedin.com/company/nexchainai/
