📊 Bitcoin Liquidity vs ETF Demand – A Brewing Supply Shock
Sell-side liquidity (gray line) has been falling sharply, especially in 2025 — fewer BTC are left on exchanges.
Meanwhile, ETF demand (pink bars) is hitting record highs, aggressively absorbing supply.
The Liquidity Inventory Ratio (blue) has dropped below 10 months, meaning current supply can’t keep up with ETF demand.
Historically, such setups have preceded major bull runs (like 2020 and 2023).
Now, price is rising again, showing early signs of another parabolic move.
DYOR NFA
