Approximately 700,000 $BTC left trading platforms over the past 365 days.
That's roughly 3.3% of the circulating supply moving off exchanges in a year. Coins don't leave for no reason — that's accumulation, self-custody, or both. Historically, shrinking exchange reserves have preceded supply squeezes.
Not a trade signal on its own. But it's the kind of backdrop that matters when the market eventually turns.#bitcoin
That's roughly 3.3% of the circulating supply moving off exchanges in a year. Coins don't leave for no reason — that's accumulation, self-custody, or both. Historically, shrinking exchange reserves have preceded supply squeezes.
Not a trade signal on its own. But it's the kind of backdrop that matters when the market eventually turns.#bitcoin