According to data from CoinGlass⁵, the current amount of BTC on all exchanges is approximately *1.3 million BTC*. This means only *6.3%* of the total BTC supply, which is *21 million BTC*, is available on exchanges. This number has decreased since the BTC halving in 2020 when block rewards were halved⁷. It indicates that the demand for BTC is higher than the supply, and many investors are holding BTC in their private wallets rather than on exchanges.

DEAL BULLISH