Friday June 27, 2025

Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift

Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift

by Bitcoin.com May 17, 2024 1 min read

(Originally posted on : Bitcoin News )

Bitcoin’s supply on exchanges has significantly decreased, reaching new lows amid a bullish market trend, which analysts interpret as a shift towards long-term holding rather than short-term trading. A report by Bybit claimed that the diminishing supply could deplete within the next nine months, driven by factors such as the recent Bitcoin halving event and […]

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