Bitcoin shortages are becoming increasingly real as the supply of the cryptocurrency on exchanges continues to shrink.
According to Santiment data, 403,200 BTC were withdrawn from exchanges between December 7, 2024, and December 7, 2025. This means the total supply of Bitcoin in circulation on trading platforms decreased by 2,09%.
On December 7, 2024, there were approximately 1,8 million BTC on exchanges, representing 8,13% of the flagship cryptocurrency’s total supply. By December 7, 2025, the balance had decreased to approximately 1,2 million BTC, or 6,04% of the total supply.
The most notable movement occurred between late May and late June 2025, when the number of coins held on exchanges dropped sharply over four weeks. This decline was followed by a sideways consolidation in the second half of the year, with no significant return of coins to trading platforms.
Considering liquidity As an indicator of Bitcoin’s next move, crypto analyst Gus noted the first signs of tension in US liquidity markets and stated that «BTC could be headed for something serious.»
The flagship asset is currently trading at $90,300, down 2% from the previous day. Its weekly gain is 4,1%. Thus, over the past month and year, Bitcoin’s price has fallen by 11% and 9,6%, respectively.