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Bitcoin: Exchange Reserve - All Exchanges (Patreon)

Published:
2025-02-08 16:48:50
Imported:
2026-06
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Content

Bitcoin on exchanges is dropping fast.... from 3.5M to 2.4M since 2021

Rate of change is key - and I have never seen it drop so fast.

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Comments

MacF1

2.4m BTC on exchanges does not mean 2.4m still need to be sold until “Supply Crunch” Most of that 2.4m might just be sat on the exchanges in private owners diamond hands. They may have no intention to sell. We need to know the balance of BTC that’s available to buy right now. OTC desk balance and such.

Geronimo

2.4 M in BTC Wallets and 240 M sold to customers in SQL database served accounts that they do not have collateral for on chain. ETFs even less % on chain, ETFs probably 95% paper trading, 5% on chain