BTC On Exchanges At 6+ Year Low 🤯

Hodlers clearly not scared

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OVERVIEW

BTC On Exchanges At 6+ Year Low 🤯

Before we dive in, here’s today’s crypto market heatmap:

Source: Santiment

And here’s a look at crypto’s total market and altcoin market cap charts:

Source: TradingView

ON-CHAIN ANALYSIS
Amount of BTC On Exchanges Continues To Drop ⤵️ 

While tariff talks and falling prices in all assets have everyone’s attention, something major has happened to Bitcoin: the amount of it available for traders/investors on crypto exchanges is at a 6+ year low. 🧠 

The supply of BTC sitting on exchanges directly signals traders' willingness to sell - or, more bluntly, how itchy their trigger fingers are.

Low exchange balances mean hodlers have decided to stash their sats elsewhere, indicating they're not planning on dumping anytime soon. Conversely, when BTC floods into exchanges, that's typically bears drooling over a potential sell-off.

Supply of BTC On Exchanges - Click to enlarge.

With the exchange supply currently at 1.49 million, a level not seen in over six years, the narrative leans heavily bullish despite the near-term tariff tantrums going on.

Holders are digging in their heels rather than eyeing the exit. 👢 

NEWS IN THREE SENTENCES
Crypto News 📰

💳 PayPal Welcomes SOL and LINK, Users Can Now Lose Money Even Easier

$PYPL ( ▲ 2.18% ) now lets U.S. users buy, sell, and hold $SOL.X ( ▲ 2.32% ) and $LINK.X ( ▲ 3.38% ) directly, ditching third-party hassles like MoonPay. Regulators have relaxed their witch-hunts just enough to make PayPal brave, with SOL’s “security” drama finally cooling off. Crypto.News.

🚫 U.S. House Moves Forward with Anti-CBDC Bill, Wants Fed to Mind Its Own Digital Business 

The U.S. House Financial Services Committee voted 27-22 to advance Rep. Tom Emmer’s bill blocking a federal digital dollar. Emmer says a CBDC is basically surveillance money, and he’d rather the government kept its spying old-fashioned. Decrypt.

🐳 Solana Whales Dump Millions in Unlocked Tokens, Remind Everyone to Never Trust Whales 

After four years, whales finally unlocked and sold about $50 million in SOL, just when holders thought they were safe. The whale dumping coincided suspiciously with a 12% SOL price crash, surprising absolutely no one who pays attention to crypto. Next big unlock isn’t until 2028, giving retail traders exactly three years to forget this lesson. Cointelegraph.

🖨️ Arthur Hayes Cheers Trump Tariffs, Says Fed Money Printer Will Fuel $250K Bitcoin 

Arthur Hayes sees Trump’s massive new tariffs sparking global chaos, prompting central banks to hit the money printers again. $BTC.X ( ▲ 1.47% ) took an immediate hit from the tariff news, but Hayes is betting hard on inevitable quantitative easing to pump prices. Hayes loves tariffs almost as much as he loves crypto volatility - so buckle up, degens. CryptoPotato.

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