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![Web3Niels Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2571486783.png) Niels [@Web3Niels](/creator/twitter/Web3Niels) on x 76.4K followers
Created: 2025-07-20 14:31:15 UTC

#Bitcoin is quietly disappearing from exchanges.

Since March 2024, over XXXXXXX BTC have been withdrawn from exchange wallets.

That’s one of the largest supply drains in recent history.

Meanwhile, the price has surged from $60k - $62K to nearly $123K, and supply continues to fall.

It’s supply shock in real time.

The lower the exchange balance, the harder it is to buy Bitcoin.

And when demand spikes, there’s only one way price can go 🚀

We’re setting up for the most explosive BTC leg yet.

![](https://pbs.twimg.com/media/GwTsftqW4AAQxJG.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946940975646982214/c:line.svg)

**Related Topics**
[$123k](/topic/$123k)
[$62k](/topic/$62k)
[$60k](/topic/$60k)
[coins wallets](/topic/coins-wallets)
[exchanges](/topic/exchanges)
[#bitcoin](/topic/#bitcoin)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/Web3Niels/status/1946940975646982214)