Bitcoin Exchange Supply Drops to 2018 Levels: Santiment

Airdrop Is Live 🔥 CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com


In the X post dated March 27, 2025, Santiment said that the supply of Bitcoin on exchanges has officially dropped around 7.53%, similar to that recorded in February 2018. 

Santiment, the blockchain analytics firm, quotes, “ The 7-year milestone reflects a continued trend of investors of crypto’s top asset feeling comfortable ‘hodling’ for the long-term, regardless of short-term price volatility and fluctuations.” 

Bitcoin prices and dominance helping to top the merit list 

The dominance of Bitcoin has continued to grow, and as per data from TradingView, currently, 61.68% of the crypto market is dominated by BTC, and in a quarter, it is up by 5.54%, the half-yearly time frame, it is up by 7.41%, and since the beginning of this year dominance grew by 6.22%.

Bitcoin is likely held by 2-3% of the global population, and since the beginning of February 2025 till writing new investors have bought 172,705 Bitcoins which demonstrates the growing interest of new users in BTC after it acquired an all-time high above $109k. 

Experts say that the launch of the Bitcoin spot ETF a sudden boost in the crypto adoption has been noted, yet since the beginning of this year, the outflow of the BTC spot ETF category has also reached new heights eroding the gains made after the historic victory of Donald Trump. 

Over the years Bitcoin adoption has seen major change from adoption of 101 million to 650 million by the end of February 2025. According to data from TradingView, the prices of Bitcoin have also seen tremendous growth over the years, but it has been stuck below the mark of $90k for the past few weeks.

Source: TradingView

Until publishing, Bitcoin was trading at $87,396 with a loss of 5.65% in the past 30 days and is down by 8.65% in a quarter; from January 01, 2025, to March 27, 2025, prices are down by 6.38%, but in 52 weeks time frame it is up by 24.85%. 

The Bitcoin holdings of all publicly listed companies account for 649,971 BTC, around 3.23% of the total supply of Bitcoin, and Strategy (earlier MicroStrategy) is the largest holder with 506,137 BTC, followed by Marathon Digital, Tesla, Coinbase, and Riot Inc. 

Not only institutional investors but also some nations like the United States, China, the UK, Ukraine, Bhutan, El Salvador, Finland, and Germany. It is worth noting that the total holdings of private companies are 381,560 BTC, and around 98k BTC were held by crypto mining companies. Bitcoins held by the spot ETF category are 1,306,558 BTC, and Bitcoin is worth $14,530,747,514. 





Source link