After a brief spike, the supply of BTC on Exchanges continues falling again...
The supply of BTC sitting on Exchanges continues to go down
This has been one of the bigger developments of the last bull market...
As the price has gone higher the supply on Exchanges has continued to go lower.
Check this out:
(Source: https://twitter.com/BinanceKiller/status/1526155243234394113/photo/1)
Especially recently...