๐ฅ Bitcoin supply shock vibes are getting louder.
Over $2.5 billion worth of $BTC has left exchange reserves overnight, a strong signal that holders are moving coins into cold storage and long-term custody.
Historically, large exchange outflows reduce sell-side pressure and often precede powerful price expansions. With available supply tightening, even modest demand can have an outsized impact on price.
๐ Less BTC on exchanges. ๐ More pressure upward.
Is a supply shock closer than the market expects?
