Bitcoin Supply Shock Looms as Exchanges see Massive Drop

Popular cryptocurrency analyst Davinci has raised alarm bells about a potential supply shock in Bitcoin, citing a significant decline in available exchange reserves. His viral tweet showcased a chart from CryptoQuant indicating that the amount of Bitcoin held across centralized exchanges is decreasing rapidly. While the current figure still stands at approximately 2.4 million BTC, Davinci emphasizes that miners are no longer selling their holdings, further reducing supply. He cautions that