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    1. coinfeeds-bot on

      tldr; Coinbase experienced its largest daily Bitcoin withdrawal of 2025 on May 9, with over 9,739 BTC (worth $1 billion) leaving the exchange. This reflects growing institutional demand for direct Bitcoin exposure, as corporations and hedge funds accumulate coins. The outflow reduces exchange reserves, potentially creating a supply shock that could drive prices higher. Analysts note that institutional inflows and shrinking tradable supply may intensify upward price pressure, though macro risks and profit-taking could cause interim pullbacks.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. A billion outflow would be a lot if BTC market cap was $5 or $10 billion. But at $2 trillion, a billion is just rounding.

    3. OfficialDodo on

      People been predicting supply shock for years. I doubt it’ll even happen because when prices boom sellers move their BTC back onto exchanges

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