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Bitcoin News 8mo ago

This is kind of crazy.

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Liberty Farmer 8mo ago

Its because now everyone uses custodians so known exchange addresses are smaller. There is zero chance normal exchange users have suddenly decided to pull their coins into self custody. 😂

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rtyu 8mo ago

Exactly. The ETFs should be included in this number if not.

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BTC Dexter 8mo ago

MOASS

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OmniBitcoin 8mo ago

Supply sitting at 2.5MM BTC if I'm reading it right. Problem is I know multiple holders that don't have the commitment that bitcoiners do and will bring their coins out of cold storage. That cold storage is usually set up by a bitcoiner friend of theirs.

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𝐭𝐢𝐠𝐞𝐫 8mo ago

no worries, happy to look after their coins if theyre having hard time with it

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rtyu 8mo ago

That is the point the price will need to find a level that will encourage new supply. This can also mean forced sellers at times.

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𝕞𝕪𝕡𝕒𝕥𝕙𝕥𝕠𝕗𝕚𝕣𝕖 8mo ago

Now do the $ value on exchanges...

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Bennu Breath 𓅣 8mo ago

Totally!

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Anchorite 8mo ago

So that's a 100x drop in a few years?