Low exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin.
Category: supply
Auto Added by WPeMatico
Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years.
Huge increase in supply could hurt BLUR’s price. The token has also fallen after SEC labeled other tokens as securities.
Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.
Around 76% of the total circulating Bitcoin supply is now illiquid according to on-chain analytics from Glassnode.
For years analysts have predicted that ETH’s market capitalization will flip BTC’s but data shows it’s still nothing more than […]