This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin’s exchange supply keeps tightening.
Glassnode data shows $BTC balances dropping from ~2.98M to ~2.94M since mid-November, even as price chopped around.
Fewer coins on exchanges means lower immediate sell pressure, holders are staying put. Quiet confidence beneath the volatility.