Retail keeps waiting for a pullback.
Institutions are quietly eliminating the possibility of one.
While Crypto Twitter debates intraday candles, asset management giants like BlackRock and Fidelity are steadily pulling Bitcoin off exchanges.
This doesn’t look like a typical market cycle.
It looks like compression.
And when supply compresses, markets don’t move gradually they reprice.
1️⃣ Exchange Liquidity Is Shrinking
Bitcoin reserves on exchanges continue sliding toward multi-year lows. That matters.
Less BTC sitting on exchanges means less immediate supply available to sell.
Lower liquidity = higher sensitivity to demand spikes.
When bids step in and there’s limited inventory, price doesn’t drift it jumps.
2️⃣ ETF Inflows vs. Mining Output
Daily ETF inflows are consistently matching — and often exceeding newly mined Bitcoin.
Pause on that.
Fresh BTC enters circulation each day…
and institutional demand absorbs it almost instantly.
That’s not hype-driven speculation.
That’s structural capital allocation.
When recurring demand outpaces new issuance, pressure builds quietly beneath the surface.
3️⃣ Long-Term Holders Aren’t Moving
Long-term holder supply is hovering near record levels. Even during local highs, coins remain dormant.
Strong hands aren’t distributing.
They’re tightening float.
Which shifts the narrative entirely.
We’re no longer in pure price discovery.
We’re entering scarcity discovery.
And scarcity doesn’t negotiate.
Here’s the real risk right now:
Retail is staring at 1-hour charts.
Institutions are studying multi-year balance sheets.
Wall Street isn’t day trading Bitcoin.
They’re accumulating it strategically.
So the question becomes simple:
Are you providing liquidity to institutions…
or positioning alongside them?
#Bitcoin #writetoearn #Binance #RMJ_trades