The concentration of BTC in long-term wallets reaches historic levels. With 75% of the circulation being hodled and exchanges experiencing massive outflows of liquidity, the market is facing a never-before-seen dynamic.
Bitcoin ETFs continue their relentless buying, absorbing the available flow faster than the market can replenish. This institutional buying pressure, combined with the scarcity of supply on trading platforms, creates a multiplier effect in the supply chain.
With Bitcoin trading near $87.38K, the supply shock many predicted is already a tangible reality. Exchange wallets show historically low levels, meaning less BTC is available for sale.
Where is all this heading? Analysts suggest that when supply contracts and institutional demand remains strong, the next move could be explosive. Many point to $100K+ as the next resistance level, although everything will depend on how this competition between HODLers and institutions unfolds.
The cryptocurrency market continues to evolve. While BTC defines its trajectory, other assets like ENA are also capturing the attention of traders seeking opportunities in this environment of limited liquidity.
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Bitcoin Supply Contracts as Institutional Investors Accelerate Purchases
The concentration of BTC in long-term wallets reaches historic levels. With 75% of the circulation being hodled and exchanges experiencing massive outflows of liquidity, the market is facing a never-before-seen dynamic.
Bitcoin ETFs continue their relentless buying, absorbing the available flow faster than the market can replenish. This institutional buying pressure, combined with the scarcity of supply on trading platforms, creates a multiplier effect in the supply chain.
With Bitcoin trading near $87.38K, the supply shock many predicted is already a tangible reality. Exchange wallets show historically low levels, meaning less BTC is available for sale.
Where is all this heading? Analysts suggest that when supply contracts and institutional demand remains strong, the next move could be explosive. Many point to $100K+ as the next resistance level, although everything will depend on how this competition between HODLers and institutions unfolds.
The cryptocurrency market continues to evolve. While BTC defines its trajectory, other assets like ENA are also capturing the attention of traders seeking opportunities in this environment of limited liquidity.
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