๐Ÿš€ Bitcoin (BTC) is playing hard to get! Since the US launched spot exchange-traded funds (ETFs), nearly $10 billion worth of BTC has left crypto exchanges ๐Ÿƒโ€โ™‚๏ธ๐Ÿ’จ Glassnode data reveals a whopping 136,000+ BTC withdrawal since Jan. 11 ๐Ÿ“‰

๐Ÿค” What's the deal? Well, BTC supply dynamics are swinging in bulls' favor, with mass withdrawals this quarter. In fact, as of March 28, Coinbase-tracked exchanges held a combined 2,320,458 BTC - the lowest since April 2018 ๐Ÿ˜ฒ

๐Ÿ“ˆ Market observers are buzzing about the ETFs' long-term impact on BTC supply and price. Some predict a major "squeeze" in supply within the next 6-12 months, as demand outpaces available BTC for sale ๐Ÿ’ฐ

๐Ÿ—ฃ๏ธ Got thoughts on this BTC exodus? Share your insights in the comments! ๐Ÿ‘‡