🚨 Binance Research: Multiple On-Chain Signals Point to a Bitcoin Supply Shock

According to Binance Research, 4 major BTC on-chain indicators are showing signs of tightening supply and weakening sell pressure.

🔹 Nearly 60% of all Bitcoin hasn’t moved in over 1 year

🔹 Exchange reserves dropped from 17.6% to 15.0% since the COVID-era peak

🔹 Around 500,000 BTC have reportedly left exchanges

🔹 SLRV remains near historic lows, signaling reduced speculation

🔹 BTC STH MVRV is back above 1.0, meaning short-term holders are returning to profit

The data suggests holders are accumulating while available sell-side liquidity continues to shrink. 📈

$OPEN

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$FIDA

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$HYPE

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