Bitcoin’s exchange supply fell from 1.8M BTC to about 1.2M BTC year over year.
Exchange-held BTC dropped from 8.13% to 6.04% of total supply.
Technical levels show BTC holding above $88K while testing resistance near
Bitcoin scarcity has started getting real as BTC supply across exchanges has continued to decline.
Trading close to $90,000 this week, new data from Santiment reported that a net 403,200 BTC moved off exchanges between December 7, 2024, and December 7, 2025. The move marks a 2.09% reduction in Bitcoin’s total circulating supply held on trading platforms.
Bitcoin Supply on Exchanges Falls From 8.13% to 6.04%
Santiment’s chart shows that exchanges held roughly 1.8 million BTC on December 7, 2024, representing 8.13% of all Bitcoin. By December 7, 2025, balances dropped to about 1.2 million BTC, or 6.04% of supply.
Related: Michael Sayl…
Read The Full Article Bitcoin Scarcity Gets Real as 403K BTC Leaves Exchanges On Coin Edition.
