Everyone’s screaming “supply shock!” as $BTC balances on exchanges drop below 15% — lowest since 2018. But wait... 🧠
🧊 Glassnode claps back:
> “$BTC leaving exchanges ≠ instant supply shock. That’s a meme.”
Yes, ETF demand is 🔥
Yes, long-term holders are stacking more than miners are minting ⛏️
But real pressure builds quietly — not instantly.
⚡️ What matters more?
LTHs absorbing supply = tightening pressure
Market becoming more sensitive to demand spikes
High $140K–$150K open interest on options = traders are ready for liftoff 🚀
Pro Tip: Watch supply absorption vs issuance. That’s the real alpha.
📈 $BTC hit $118K+ this week. If demand spikes while supply stays locked... 👀
Do you believe the supply crunch hype? Or is this just another narrative play?
👇 Drop your take below & tag your favorite cashtag!
