The Silent Exodus: Bitcoin Holders Just Vanished
The on-chain data just flashed a signal we haven't seen since the depths of the bear market. The count of addresses holding at least one full $BTC has dropped to a three-year low. This isn't simply bearish noise. When retail addresses vanish like this, it typically means two things: consolidation and capitulation. Smaller holders are selling their coins, and that supply is efficiently moving into fewer, much larger wallets—the whales. This dramatic shift in supply dynamics suggests the asset is being swept up by high-conviction players who are comfortable taking the other side of the panic trade. Pay close attention to $ETH and $BTC supply metrics; this is often the foundational structure built right before the next explosive cycle begins.
Not financial advice. Do your own research.
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