1,000,000 Bitcoin has left the exchanges since Mar 2020, leaving only 2.3M, or 11% of the BTC supply for sale🚨
What happens if this trend continues, and there's 0 Bitcoin on exchanges in 2028?🤔
NOBODY IS BULLISH ENOUGH
Discussion
What I don’t think gets talked about enough is when a sovereign wants to buy 1 million coins. The cost do do so at current prices is a drop in the bucket. 2 million coins can be gone in an instant
You don't want an asset with no price discovery... doesn't need to be a usd market but it needs to be traded vs something or it's just a collectable