403,200 Bitcoin Vanished: The Quiet Supply Shock
The market is obsessed with daily candles, but the real story is happening off-exchange. Over the last 12 months, 403,200 $BTC have been permanently removed from centralized exchanges. This is not a subtle shift; this is the defining supply shock of the current cycle. When hundreds of thousands of coins leave the immediate selling pool, it signals institutional conviction and strong-handed HODLing at scale. The risk of major capitulation events driven by exchange liquidations has dropped dramatically. We are witnessing the slow, relentless absorption of available supply. When demand inevitably spikes, the market structure for $BTC is set for extreme volatility to the upside.
Not financial advice. Trade at your own risk.
#Bitcoin #Crypto #OnChain #SupplyShock
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