Bitcoin supply on exchanges drops to 8-year low. Will BTC set a new all-time high?
Portfolio Pulse from
Bitcoin's supply on exchanges has dropped to 7.53%, the lowest level since 2018, indicating investors are moving coins to self-custody. This trend suggests reduced short-term selling pressure and increased investor confidence. Institutional demand through ETF inflows has been a key driver of Bitcoin's price movements, with recent steady inflows causing a 10% price rise.
March 27, 2025 | 5:45 am
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Declining exchange supply and increasing institutional ETF inflows suggest reduced selling pressure and growing investor confidence in Bitcoin.
Reduced exchange supply typically indicates less immediate selling pressure. Combined with steady institutional ETF inflows, this suggests potential for short-term price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100