Less than 15% Bitcoin left on crypto exchanges signals ‘supply problem’ — TradingView News
Key takeaways:
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Bitcoin’s percent supply on exchanges has dropped below 15% for the first time since 2018.
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Depleting exchange supply and OTC balances, pointing to “supply shock” and long-term accumulation.
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BTC price must remain above $100,000 to secure the upside.
Bitcoin exchange reserves have fallen below 15%, suggesting a supply shock as institutional demand from exchange-traded funds (ETFs) grows.
Percentage of BTC on exchanges drops to seven-year lows
Bitcoin 
BTCUSD percent supply on exchanges has dropped to near seven-year lows, falling to 14.5% for the first time since August 2018, Glassnode data shows.
Diminishing Bitcoin supply on exchanges may signal an incoming price rally fueled by a “supply shock,” which occurs when…
