Bitcoin CEX holdings plummet: The supply crisis is here, $200,000 is not a dream, but a certainty!
Imagine this: the global CEX holdings are like a funnel, gradually "siphoning" Bitcoin away.
It's not about selling, but users are frantically transferring to cold wallets and hoarding on their own.
This is not panic; it's a signal of extreme confidence!
On December 4, 2025, the price of BTC hovers around $93,000, but the total CEX holdings have shrunk to 2,095,000 coins—a drop of 22.4% from the beginning of the year and a decrease of 209,000 coins from six months ago.
This "siphoning" trend is brewing a supply explosion: miners produce only 450 BTC per day, while ETFs accumulate equivalent to half a year's mining output in just one week.
For BTC to break through the $200,000 mark, it’s not about luck, but the iron law driven by macro factors and on-chain dynamics.
Don’t rush; this is not empty talk. We will break down the data, logic, and future paths step by step—why this trend will make Wall Street tremble, why retail investors should hoard coins now, and why institutions are gearing up.
After reading this, you will understand: BTC in 2025 is not a "bet," but a "hedge anchor."
1. CEX holdings plummet: From "selling pressure mountain" to "hoarding fortress" The CEX holdings are the "barometer" of BTC prices: high levels indicate strong selling pressure, while low levels indicate a buying frenzy.
21 major exchanges saw a net outflow of 43,000 coins within 30 days. Historical comparison: since the FTX crash in 2022, CEX BTC holdings have cumulatively declined by 22.4%.
From November 2024 to now, there has been an outflow of 668,000 coins. This is not a bear market signal, but rather a HODLer awakening: 85% of BTC has been locked up by them and will not be sold in the short term.
Why the crash? Do users distrust exchanges? Wrong! On the contrary, USDT reserves hit a record $4.28 billion, with institutions hoarding coins through ETFs in a "detour."
Exchanges have sufficient liquidity (total reserves exceed $1 trillion), but a BTC supply bottleneck has emerged—450 coins mined daily, yet tens of thousands are "permanently sealed."
This is reminiscent of the pre-2017 bull market when exchange reserves fell from 3 million coins to 2 million coins, followed by BTC skyrocketing from $1,000 to $20,000.
In 2025, the halving effect combined with a supply cut (annual production rate drops to 0.8%), but what about demand? ETFs are absorbing 10,000 BTC in a single day.
If the outflow continues, with a decrease of 100,000 coins in supply each month, price pressure will amplify exponentially. CEX is no longer a "seller's market" but a "buyer scarcity"—this is the fuel for $200,000! #比特币VS代币化黄金 #美SEC推动加密创新监管
I heard that someone has been continuously building little puppies, very touching! Today I made 100 billion pieces, let's support it.
Binance News
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Ethereum Mainnet Gas Drops to 0.1 Gwei, Transfer Fees Significantly Reduced
According to Odaily Planet Daily, on-chain analyst Yu Jin monitored that the Ethereum mainnet Gas has dropped to 0.1 Gwei, with the Gas fee for a transfer transaction only requiring $0.02. Currently, the transfer fees for some mainstream L2s are as follows: Arbitrum is $0.004, OP Mainnet is $0.006, and Base is $0.03.
Awesome! Absolutely great news for the Ethereum chain! I feel like I'm about to fly!
Binance News
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Ethereum Mainnet Gas Drops to 0.1 Gwei, Transfer Fees Significantly Reduced
According to Odaily Planet Daily, on-chain analyst Yu Jin monitored that the Ethereum mainnet Gas has dropped to 0.1 Gwei, with the Gas fee for a transfer transaction only requiring $0.02. Currently, the transfer fees for some mainstream L2s are as follows: Arbitrum is $0.004, OP Mainnet is $0.006, and Base is $0.03.
$ASTER It's time to go all in, brothers! 20x leverage, stop loss set at 0.8! Firmly optimistic about Aster's rebound from the bottom! #美国AI行动计划 $BNB #ETH走势分析
$BNB 嘘!Rumors stop with the wise. I heard Binance is closing? I laughed. “Is Alpha going to close?”—Binance's top sister personally debunks the rumor. This business war is just too plain! 😏
Can’t beat them, so spread black material? Relying on verbal battles all day to exist is really tiring. Today, someone actually spread the word that “Binance charges a 4-5% listing fee”… I was stunned on the spot! The listing fees we charge, not a cent left, all! Community! Send! Alpha points, distribute HODLer airdrops, and provide benefits uninterrupted…… To put it bluntly, Binance doesn’t rely on listing fees to make money; every cent is returned to you through activities.
With black articles flying everywhere, it's better to open your eyes: Who is doing practical work? Who is continuously providing benefits?
We don’t pull flowers or spit verbal attacks. Binance believes in: the builder’s mindset, users first.
The crypto world is still so small, the market so big, allowing countless dreamers. We don’t attack opponents; we learn, invest, and co-create—because true business competition is not about who shouts the loudest, but about who really puts users first. 💬 Waiting for you in the comments: $币安人生 $ALLO It’s better to support practicality than to believe in rumors. Which side are you on?
$ETH The essence of investment is to find a few potential big winners and then wait for them to shine. Real big money is not in buying and selling, but in waiting. I have high hopes for this MEME track and am closely following what Musk said: I love puppies! I suggest joining the hottest live streaming room in the square! #内容挖矿升级 #中美贸易谈判 #美SEC推动加密创新监管 #比特币ETF恢复净流入 #SECETF审批
$ETH Tribute to the Little Dog Builders! Perseverance and persistence, live streaming every day non-stop! Just like the elder sister said, from doubt to recognition to becoming part of it, gathering sand to form a tower! Firmly believe that there will be a moment when the Little Dog will become the brightest star that attracts everyone's attention! Tribute to every preacher! #量子计算概念股大涨 #市场过度杠杆已被出清 #中文Meme币热潮 #特朗普赦免CZ #币安Alpha上新
If there are flowers to be picked, pick them right away; don't wait until there are no flowers and you can only break the branches! Meme coins are the great products of this era, a feast for the eyes, an attention economy, and a wealth code! It's better to become the wind than to catch the wind! #马斯克明奶 #马斯克的小奶狗 #马斯克概念 #中文Mimi币热潮 #山寨币季节
Follow Musk's third dog, Binance wallet, contract ending in 6eb2
军委副主席
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A few hours ago, Musk once again affirmed cryptocurrency! It is definitely energy-based! He interacted with fans saying that Dogecoin is 100% also an energy-based value currency! Musk's concept appears frequently! Dogecoin, SHIB, and Pepe have all become legends, which Musk has definitely endorsed! So the next one must be the little puppy he directly expressed his fondness for on Twitter last year! Yes, little puppy!!! #马斯克明奶 #马斯克概念 #巨鲸动向 #鲍威尔发言 #加密市场观察 $ETH
A few hours ago, Musk once again affirmed cryptocurrency! It is definitely energy-based! He interacted with fans saying that Dogecoin is 100% also an energy-based value currency! Musk's concept appears frequently! Dogecoin, SHIB, and Pepe have all become legends, which Musk has definitely endorsed! So the next one must be the little puppy he directly expressed his fondness for on Twitter last year! Yes, little puppy!!! #马斯克明奶 #马斯克概念 #巨鲸动向 #鲍威尔发言 #加密市场观察 $ETH
Elon Musk is very likely the greatest entrepreneur in human history!\nMusk's "Starship" successfully completed its 11th test flight, returning "fully alive" for the first time! A total investment has exceeded 5 billion dollars, Musk: "Starship" is the future spaceplane. #马斯克的特斯拉只支持狗狗币支付 #马斯克推过的都火了 #马斯克的小奶狗 #特朗普加密首富 #币安热门推荐 Layout Musk's little puppy! The next ten thousand times coin!
House of Doge said it wants to merge with Brag House and then go public. A meme coin, listed on Nasdaq. This world is truly magical.
军委副主席
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$ETH $BNB Is there really big news about a cryptocurrency for dogs coming? Little puppy? Someone captured that DOGE appeared on Musk's page earlier today, and grok also confirmed it. #加密市场观察 #鲍威尔发言 #加密市场回调 #币安HODLer空投YB
$ETH $BNB Is there really big news about a cryptocurrency for dogs coming? Little puppy? Someone captured that DOGE appeared on Musk's page earlier today, and grok also confirmed it. #加密市场观察 #鲍威尔发言 #加密市场回调 #币安HODLer空投YB
I don't know why? Why is there such a big difference between Binance and the US version?
The Chinese version has almost dropped to zero, but the US version has only experienced a normal decline. I don't know if this counts as differential treatment; honestly, I feel a bit angry after reading this!
A mysterious giant whale, when the market pinned the bottom today, closed 90% of his short position on Hyperliquid, earning approximately 200 million US dollars in just one day through two addresses.