Bitcoin’s Ratio of Supply on Exchanges is Now at a 2+ Year Low, Tether at 3.5+ Year High

Bitcoin’s Ratio of Supply on Exchanges is Now at a 2+ Year Low, Tether at 3.5+ Year High

📊 The ratio of #Bitcoin's supply continues staying low at levels last seen in November, 2018. This is a good signal of limited future selloff risk. In the meantime, #Tether supply continues skyrocketing on to exchanges, indicating greater buying power. https://t.co/8uaYXatxnP pic.twitter.com/wYLkqQqQuO

— Santiment (@santimentfeed) June 21, 2022

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