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TechFlow news, January 7 — According to Cointelegraph, spot Bitcoin ETFs purchased 51,500 BTC in December 2024, nearly triple the monthly mining output of 14,000 BTC.
Following the observation that exchange Bitcoin balances have dropped to new lows, cryptocurrency researcher Vivek stated that a supply shock is imminent.
According to Cointelegraph, Bitcoin spot ETFs purchased 51,500 BTC in December 2024, nearly three times the monthly mining output of 14,000 BTC. After observing exchange balances drop to new lows, cryptocurrency researcher Vivek stated that a supply shock is imminent.
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