Sharks Add 65K BTC, Setting Stage for Supply Squeeze
Sharks added 65K BTC as long-term holders and exchange outflows signal a potential Bitcoin supply squeeze.
- Sharks have accumulated over 65,000 BTC recently
- Long-term holders continue to buy despite price dips
- Exchange outflows hint at reduced selling pressure
Bitcoin is once again catching the attention of large holders, commonly referred to as “sharks.” According to recent on-chain data, these mid-to-large holders have accumulated over 65,000 BTC. This trend is important because shark activity often precedes major market moves. When these wallets accumulate, it typically reflects growing confidence in Bitcoin’s long-term value.
This behavior adds to the growing narrative of a potential Bitcoin supply squeeze, where demand may outpace available supply, especially as coins are taken off exchanges.
Long-Term Holders Are Not Selling
While short-term market corrections are always a possibility, long-term holders (LTHs) continue to buy and hold their BTC. These holders are considered smart money in the crypto space, often showing resilience during volatile times. Their steady accumulation reinforces the idea that BTC is becoming increasingly scarce in the open market.
As more coins move into long-term storage, fewer are available for trade. This tightening of supply makes Bitcoin more sensitive to any surge in demand—setting the stage for potentially significant upward price action.
Exchange Outflows Support Bullish Structure
Adding to the bullish case is the ongoing trend of Bitcoin being withdrawn from exchanges. When BTC leaves exchanges, it’s often moved to cold storage, indicating that investors do not plan to sell anytime soon. This movement reduces the liquid supply and further strengthens the structural backdrop for a supply squeeze.
Although price pullbacks may still occur in the short term, the broader trend is tilting bullish. If demand returns, especially from institutional or retail investors, the current low supply levels could drive prices significantly higher.
Read Also :
- iAero Protocol Launches Token Sweeper, Distributes 5% of LIQ Supply to Stakers
- XRP Price Prediction: DeepSnitch AI Rallies 70% Before Its January 2026 Launch
- XRP Whales Move 150M Tokens as Mono Protocol Gains Strong Crypto Presale Momentum
- Solana Price Prediction: DeepSnitch AI Rallies 70% as SOL Rebounds From 1-Month Decline
- VTB to Launch Bitcoin & Crypto Trading by 2026
