Bitcoin Supply Dwindles as Weekly Exchange Inflows Hit Two-Year Low: What It Means for Investors
Bitcoin, after recently reaching over $100,000, has entered a new consolidation phase, according to recent analysis. Exchange inflows have hit multiyear lows, dropping 64% since November, indicating that selling pressure has significantly decreased. Notably, sellers appear to have “dried up,” with average daily BTC inflows to major exchanges falling from 81,000 to 29,000. This trend ...
