📢📢📢📢 Institutions and holders continue to withdraw assets from exchanges — and this is not just a trend, but a serious signal for the long term
Currently on exchanges:
🔹 Only 7.1% of the total BTC supply — the lowest since November 2018
🔹 And less than 4.9% of ETH — for the first time in Ethereum's history
Over the last 5 years:
— Minus 1.7 million BTC from exchanges
— Minus 15.3 million ETH from exchanges
Fewer coins available, more in cold wallets. A liquidity shortage and tight supply may play a role, especially in a bull cycle.
Positions are being cleared — it's just a matter of time before the market reacts with price.