The supply is drying up 🚨



For years, the trade was simple: keep Bitcoin liquid, trade paper claims, and assume sellers would always exist. That trade is over.

Bitcoin on exchanges has collapsed to 2.7M $BTC, a level we've never seen, as institutions pull coins into cold storage and never bring them back.

Yes there is a lot of $BTC trapped in trade, lost and floating around.

But it's a lot less than you think.

Whales absorbed the rest. Treasuries locked it up. ETFs sealed the door.
BTC0,35%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)