Its because now everyone uses custodians so known exchange addresses are smaller. There is zero chance normal exchange users have suddenly decided to pull their coins into self custody. 😂

MOASS

Supply sitting at 2.5MM BTC if I'm reading it right. Problem is I know multiple holders that don't have the commitment that bitcoiners do and will bring their coins out of cold storage. That cold storage is usually set up by a bitcoiner friend of theirs.

Now do the $ value on exchanges...

Totally!

So that's a 100x drop in a few years?