๐Ÿš€ Bitcoin Demand Surges, Supply Shrinks! ๐Ÿš€

The crypto market is buzzing as Bitcoin's demand outpaces supply, creating a demand shock! According to CryptoQuant, since late September, Bitcoin's apparent demand has been expanding at a monthly rate of 228,000 BTC. Meanwhile, the supply available for sale has dropped to levels not seen since October 2020. ๐Ÿ“‰

OTC desks, which cater to large buyers, are seeing their Bitcoin inventories decline as demand skyrockets. This trend highlights the growing interest from institutions and big players. ๐Ÿ“ˆ

With sell-side liquidity at its lowest in over four years, Bitcoin's potential for selling pressure is greatly reduced. As liquidity tightens, Bitcoin's price movements could become even more exciting! ๐Ÿ’ฅ