Bitcoin reserves are being depleted too quickly.
Bitcoin reserves on all centralized exchanges are depleting too quickly. There are only 2 million bitcoins left, and with a daily influx of $500 million into spot bitcoin ETFs, 7,142 coins will leave the sites every day. As a result, it will take only nine months to use up all remaining reserves.
According to the data, bitcoin holdings on centralized exchanges fell to a nearly three-year low of 1.94 million $BTC.