Bitcoin and Ethereum are "evaporating" - not plummeting, but disappearing from exchanges!!!
BTC's supply on CEX has fallen to 7.1%, and ETH has fallen below 4.9% for the first time. What does this mean? It means that circulation is decreasing, chips are locked, and the detonation point of the next wave of market may be quietly brewing.
In the past five years, 1.7 million BTC and 15.3 million ETH have flowed out of exchanges. This is not speculation, but a shift in reserves: from hot money to cold wallets, from profit-seeking to faith.
Some people question whether this is a "safe transfer" or a "signal to increase positions"? Then think about the fact that 50 million people in the United States now hold BTC, and Bitcoin holdings have surpassed gold in all aspects - do you still think this is just a gimmick?
Does supply tightening mean price explosion? No one can guarantee it. But one thing is certain: when you are watching, the real chips have been taken away by others.