🔥Pressure is mounting... and #البيتكوين in the eye of the storm!
On Wednesday (25th), American Bitcoin ETFs bought over 5000 Bitcoins in a single day, while only 450 Bitcoins were mined. The numbers don't add up... and the discrepancy between supply and demand is becoming increasingly evident 🧨
📈 We have witnessed 12 consecutive days of positive net inflows, totaling around 4 billion USD in contributions. Leading the pack is the BlackRock ETF:
IBIT has accumulated only:
• +3,100 BTC on Wednesday
• +4,100 BTC on Tuesday
• +2,100 BTC on Monday
In the past few weeks:
• 6,088 Bitcoins on 17/6
• 3,067 BTC on 6/10
• More than 2000 BTC on 12 and 18/06
💥 In total, between June 9 and June 25, IBIT swallowed more than 30 thousand #BTC . This represents a much higher rate than the network's daily issuance post-halving, reinforcing the digital scarcity scenario.
📌Institutional entry has become more aggressive. If this rate continues... a supply shock may be inevitable.
Do you think this could happen? Leave your opinion in the comments 👇
