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