PANews April 29 - According to a report from Decrypt, CryptoQuant data shows that Bitcoin exchange supply has fallen to a seven-year low, dropping to 2.488 million BTC last Friday. The exchange reserve is currently at 2.492 million BTC, having increased by about 40,000 BTC over the weekend, but this level is still the lowest since October 2018. However, CoinShares reported that for the week ending April 28, Bitcoin funds saw an inflow of $3.2 billion. The combination of decreasing exchange balances and increased inflows suggests a new accumulation phase is on the horizon. During the past week's rally, retail investors have seemingly played a larger role than in recent weeks. This is evident in the "Exchange Whale Ratio," which has declined from 0.512 on April 17 to 0.36 on April 27.