Bitcoin’s Real-Time Supply Shock: 1.2M $BTC Moved to Cold Wallets”
Over the past 48 hours, 1.2 million BTC left exchanges for cold storage—the largest net withdrawal since the 2021 peak.
Deep Dive 🦈
Exchange Reserves: Down from 2.3 M to 1.1 M BTC in two days (–52%)
Long-Term Holder Supply: Addresses dormant >2y have added +0.4 M BTC on-chain
Funding Rates: Futures markets display neutral funding despite a 7% price rally—no crowd leverage yet
TA Precision:
VWAP Test: 1H VWAP at $110 200 held on pullback
Volume Profile Node: High-volume node at $108 500 now acting as support
RSI Neutral Zone: 4H RSI sits at 56—room to run without overheat
Trade Plan🧠
Entry: Break + retest of $113 000 (weekly R1) with >30 K BTC volume
Targets: $115 500 → $118 000
SL: $111 500 (below VWAP & volume node)
“👉 Institutions are stacking—are you? Like if you’re adjusting your bias to the supply shock.”
