The available supply of Bitcoin has fallen to approximately 3,12 million BTC, the lowest level in six years since 2018.
Meanwhile, large investors have accumulated approximately 373,700 BTC over the past 30 days. The increase in buying during dips indicates that the market is still in the accumulation phase. Many «whales» are still preparing for a potential breakout later this year.
According to CryptoQuant, the inventory liquidity ratio has fallen to 8,3 months. This suggests that at the current pace of purchases, current liquidity will last less than nine months. This structure often precedes significant growth, when shortages begin to be felt.
Analysts suggest that the combination of shrinking liquidity and growing long-term demand will create a bullish trend through the end of the year. If this accumulation continues and the influx of funds into US BTC-ETF If the price intensifies, the flagship crypto asset could surpass $115,000 in the fourth quarter. Bitcoin’s price has fallen more than 3% over the past 30 days. This is more than 12% below its all-time high of $126,000, which was recorded on October 7, 2025.
At the time of writing the article Bitcoin was trading at $110,468. Over the past 24 hours, it has fallen by 0,005%.