Recent data reveals a significant decrease in the daily selling volume of Bitcoin on major exchanges, shifting from 81,000 BTC to 29,000 BTC. CryptoQuant analyst Axel Adler Jr. highlights this change in market dynamics as Bitcoin potentially enters a period of constrained supply characterized by fewer sellers and consistent demand, which could pave the way for significant price movement. While selling pressure on top exchanges has dramatically reduced, from 81K to 29K BTC per day, market sentiment suggests a transition towards increased demand. Short positions have spiked as bearish traders sought profits following Bitcoin’s February all-time high. However, this selling pressure is now subsiding and trading behavior is shifting, hinting at a potential shift in market dynamics.