🚀 Hold on to your hats, BTC enthusiasts! A sell-side liquidity crisis may be on the horizon as Bitcoin demand soars to unprecedented levels. 📈 According to CryptoQuant, the current sell-side liquidity inventory could cover demand for just six to twelve months. This massive demand surge is driven by Bitcoin ETFs in the US and big-time holders like whales, who now hold a whopping 1.57 million BTC. 🐳
Meanwhile, sell-side liquidity keeps dwindling, with the amount of BTC at sell-side liquidity entities dropping to 2.7 million from an all-time high of 3.5 million in March 2020. 📉 CryptoQuant warns that the present Bitcoin sell-side liquidity inventory may only cover demand for twelve months, and that's just considering accumulating addresses. 😱
If this trend continues, we could see a plunge in liquid inventory, potentially driving BTC prices even higher. So, keep your eyes peeled, and let's see where this wild ride takes us! 🎢