The Bitcoin reserves of the exchange will be depleted within nine months
Based on analysis, with the upcoming Bitcoin halving and the continuous buying of Bitcoin by funds, it is expected that the Bitcoin reserves of exchanges will be exhausted within nine months. Currently, there are only 2 million Bitcoins left in exchanges, and the average daily fund inflow for Bitcoin spot ETFs is $500 million. It is estimated that about 7,142 Bitcoins will flow out from exchanges every day.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%