The total amount of BTC across all exchanges has decreased to less than 2.7 million. Once the liquidity of the exchange is pressured to sell 800,000 more BTC, it will be a significant event.

Once the liquidity of the exchange is forced to sell another 800,000 BTC, the exchange's liquidity will begin to struggle to meet the buying demands of ordinary investors, and at that time, the acquisitions by investors will also affect prices.

Moreover, a more significant issue is that if the exchange's inventory decreases by another 800,000 BTC, then the exchange will need to prepare for exiting the BTC ecosystem in the future.

Future BTC exchanges will be controlled by institutional players like MicroStrategy.

However, investors in the market still believe that as long as negative news appears, the market will sell off 21 million BTC.

Investors always love to use infinite bullets for judgment.

(NFA, not financial advice)

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