Bitcoin’s Supply Squeeze: What Happens When the Entire BTC Supply Disappears From Exchanges?
1 min read
Bitcoin’s long-term holders have added over $125 billion and are not selling The supply of Bitcoin available on exchanges has dwindled by 35% in a year Signs of institutional buying are providing support despite retail FOMO While Bitcoin’s price consolidates near the critical $110,000 level, a powerful story is unfolding on-chain. Three key trends; massive accumulation by long-term holders, a rapidly shrinking supply on exchanges, and signs of institutional buying, are painting a deeply bullish picture for BTC’s long-term trajectory. As Bitcoin hovers around $109,000, up nearly 4% in the last 24 hours, these underlying metrics suggest a strong foundation is being built for the next major leg up. “Smart Money” Deepens Conviction, Adds $125 Billion in Bitcoin According to on-chain analyst Axel Adler Jr., long-term holders (LTHs), often considered the “smart money” in the market, have added over 1.15 million BTC to their wallets since the price was at the $83,000 level. This staggering accumulation, valued at over $125 billion at current prices, occurred primarily in the $61K–$83K range. This puts the new cohort of LTHs at a comfortable average u… The post Bitcoin’s Supply Squeeze: What Happens When the Entire BTC Supply Disappears From Exchanges? appeared first on Coin Edition .

Source: Coin Edition