30K BTC Withdrawn from Exchanges - What's
Next for Bitcoin?
Over 30,000 BTC ($2.5 billion) left crypto
exchanges last week, signaling a possible supply
crunch that could push prices higher. v With
institutions like Strategy (formerly MicroStrategy)
aggressively accumulating, liquidity is tightening
and market watchers anticipate increasec
volatility
On-chain data shows long-term holders are
moving BTC into private wallets, reducing
available supply. Meanwhile, major corporations
like Metaplanet, KULR Technology, and even
GameStop are diving into Bitcoin, further
restricting circulation
Analysts suggest BTC may be in a Wyckoff
re-accumulation phase, where institutional
players buy at lower levels before the next
breakout. While BTC trades below $82k, some
predict a rally if it reclaims $92k. Could this be the
calm before the next bull run?