Bitcoin’s supply is flowing upstream away from weak hands toward big money.
Latest on-chain snapshot reveals 👇🧵
1.Retail (<1 BTC):
📉 1.69M BTC (↓ 54.5K BTC YoY)
Avg. outflow: ~220 BTC/day
🧠 Correlation with price (12m): –0.89
2.Large Holders (≥1K BTC):
📈 16.57M BTC (↑ 507.7K BTC YoY)
Avg. inflow: ~1.46K BTC/day
🔗 Correlation with price: +0.86
3.Institutions are absorbing ~7× more BTC than retail is selling.
Post-halving issuance? Only 450 BTC/day.
📉 Supply squeeze is real.
4.Retail FOMO hasn’t kicked in yet.
Unlike past tops, small holders keep selling.
🧨 Signal that the bull run still has room.
🔍 Data source: @cryptoquant_com
Written by IT Tech