Part 7/11:
Bitcoin withdrawal from exchanges remains a persistent trend, with the green line on the “Crypto Quant” chart decreasing steadily since January 2021. This draining of supply from exchanges indicates a strong holding sentiment among users and institutions, signifying confidence in long-term value rather than short-term trading.
Simultaneously, "Mr. 100," a large whale or institution, is buying at an astonishing rate—adding nearly 2,566 Bitcoin in five days, just recently purchasing 300 Bitcoin in a single day. This level of accumulation by one entity suggests intense institutional interest, reinforcing the narrative that Bitcoin is transitioning into a scarcity-driven asset.