Bitcoin Supply Hits Bottom Discovery Range Amid Market Capitulation

Bitcoin's price drop has been a topic of discussion among traders and investors in recent weeks. However, a new development suggests that the market may be shifting towards a more positive trend.

According to CryptoQuant researchers, the current supply level of 11.3 million BTC is at its lowest point since 2022. This decline indicates that short-term holders are exiting the market, leaving long-term HODLers and bullish whales in control.