TL;DR Bitcoin reserves in decline on exchanges. Supply depletion forecast in 9 months. Impact of BTC halving and accumulation by ETFs. The trend of depletion of Bitcoin (BTC) reserves on exchanges has captured the attention of investors and analysts, generating projections of a possible depletion of supply within nine months.
Bybit's analysis predicts a Bitcoin exchange depletion with reserves drying up in nine months, as the halving event nears. The post Exchanges could run out of Bitcoin within 9 months: Bybit appeared first on Crypto Briefing.
Supply on exchanges will dry up in nine months with the upcoming Bitcoin halving and continued accumulation by Bitcoin ETFs.
As the crypto landscape evolves, a significant tightening in bitcoin's available supply on exchanges has emerged, hinting at just nine months of reserves left. Bybit's latest halving report unveils the reasons behind this tightening grip, indicating a looming scarcity that could reshape market dynamics.
Bybit, one of the world's leading cryptocurrency exchanges, warns about a possible supply shock for Bitcoin (BTC). The alert comes amid high expectations for the Bitcoin halving and a record diminishing BTC supply on exchanges.
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