The Great Bitcoin Supply Shock Is Underway
We just witnessed one of the most significant supply contractions in recent history. Since early December 2023, a staggering 403,000 $BTC—representing about 2% of the entire circulating supply—has vanished from centralized exchanges.
This isn't just a random fluctuation; this is a powerful signal of changing investor psychology. When sophisticated holders move this much capital into cold storage, they are signaling a commitment to long-term HODL strategies.
The immediate effect is a massive reduction in available spot market supply. Less $BTC available to buy means selling pressure dissipates quickly, setting the stage for potential price appreciation driven by genuine scarcity. This fundamental shift is building a foundation that is far more resilient than any short-term hype cycle.
This is not financial advice.
#Bitcoin #CryptoAnalysis #SupplyShock #HODL #OnChain
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