Bitcoin may soon enter a supply shortage phase as whales remain inactive and retail investors sell cryptocurrency at a loss. CryptoQuant analysts believe, based on several key signals at once.
For example, while the majority of Bitcoin holders retain profits (around 71,41%), approximately 28,58% UTXO (unspent transaction output) are currently in the red. According to CryptoQuant analysts, this pressure is primarily felt by short-term holders, not large investors.
Cryptokits are largely inactive, and old Bitcoin positions remain virtually unchanged. Experts believe this is a sign that institutional or long-term investors remain confident in Bitcoin’s market prospects.
Profit margin data for short-term holders (SOPR-STH) show a value of around 0,97, indicating that this group is selling coins at a loss.
Another key signal noted in CryptoQuant’s analysis is the continued decline in Bitcoin exchange reserves. Since the beginning of the year, this figure has fallen from 2,990 million BTC to 2,786 million BTC, a decrease of approximately 204,000 BTC across all trading platforms.
This outflow often indicates that investors are moving coins into cold storage or long-term wallets rather than preparing them for immediate sale.
The combination of declining foreign exchange reserves and the inactivity of large wallets could lead to a potential supply shortage. If demand rises under these conditions, the Bitcoin price will also soar.