The amount of Bitcoin on exchanges has hit a record low since 2018, according to data from Fidelity Digital Assets. The decline in Bitcoin supply on exchanges is primarily due to increased institutional buying:
Only 2.6 million BTC remain on exchanges, the lowest level since November 2018.
Over 425,000 BTC (~$39B) has been withdrawn from exchanges since November 2024.
Public companies have accumulated nearly 350,000 BTC (~$32B) following the U.S. presidential election.
In 2025 alone, these companies have been buying an average of over 30,000 BTC (~$2.8B) per month.
