Bitcoin Supply Tightens After $198M Kraken Whale Withdrawal as Exchange Reserves Shrink

Bitcoin’s supply dynamics have drawn renewed attention after nearly 3,080 BTC, valued at approximately $198 million, was withdrawn from cryptocurrency exchange Kraken. The large transfers coincided with improving on-chain supply metrics and declining miner selling, strengthening the narrative that available Bitcoin on exchanges continues to shrink despite ongoing market volatility. The withdrawals arrived while Bitcoin […]