That drop from 3.4M to 2.4M Bitcoin is absolutely wild. We're talking about 1 million BTC just... gone from exchanges. That's like $60+ billion worth of Bitcoin that people decided they're not selling anytime soon.
The steepness of that recent drop is what gets me. It's not gradual - it's like a cliff. People are yanking their Bitcoin off exchanges faster than ever.
You know what this means? Every time someone wants to buy Bitcoin now, there's just less and less available. Basic supply and demand - when supply gets squeezed this hard, price has nowhere to go but up.
The fact that this is happening while institutions are still buying and ETFs are accumulating... yeah, this is setting up for something big. When the next wave of demand hits and there's barely any Bitcoin left on exchanges to buy, things could get really interesting really fast.
No wonder people are calling this a supply shock. The numbers don't lie.
That drop from 3.4M to 2.4M Bitcoin is absolutely wild. We're talking about 1 million BTC just... gone from exchanges. That's like $60+ billion worth of Bitcoin that people decided they're not selling anytime soon.
The steepness of that recent drop is what gets me. It's not gradual - it's like a cliff. People are yanking their Bitcoin off exchanges faster than ever.
You know what this means? Every time someone wants to buy Bitcoin now, there's just less and less available. Basic supply and demand - when supply gets squeezed this hard, price has nowhere to go but up.
The fact that this is happening while institutions are still buying and ETFs are accumulating... yeah, this is setting up for something big. When the next wave of demand hits and there's barely any Bitcoin left on exchanges to buy, things could get really interesting really fast.
No wonder people are calling this a supply shock. The numbers don't lie.
Soon there will be times when swap bridges will face the scare stage too.
Supply leaving exchanges like that?
That’s not just bullish, it’s explosive.
This is how parabolic runs are born.