The on-chain metrics tell the real story. Bitcoin crossed $97.5K while retail holders bailed out—47k accounts liquidated in just 72 hours. Classic panic selling.
Here's what's interesting: exchange wallets are sitting at 7-month lows with only 1.18M BTC in reserves. That's tight. When supply tightens while price pushes higher, you're looking at a potential squeeze scenario.
Basic economics—price climbs, supply shrinks. The math works.
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The on-chain metrics tell the real story. Bitcoin crossed $97.5K while retail holders bailed out—47k accounts liquidated in just 72 hours. Classic panic selling.
Here's what's interesting: exchange wallets are sitting at 7-month lows with only 1.18M BTC in reserves. That's tight. When supply tightens while price pushes higher, you're looking at a potential squeeze scenario.
Basic economics—price climbs, supply shrinks. The math works.