10x Research: In the past 30 days, CEX has seen an outflow of 124,000 BTC, and the supply tightness will provide momentum for the rise

ChainCatcher news, 10x Research posted on social media that more and more people believe there is a supply crunch for Bitcoin, especially as Bitcoin ETFs and MicroStrategy continue to accumulate, reducing the available supply of Bitcoin and laying the groundwork for a potential "squeeze" market.

In the past 30 days, centralized exchanges have recorded a net outflow of 124,000 Bitcoins. Coinbase, which has the largest Bitcoin reserves, saw an outflow of 72,000 Bitcoins, accounting for nearly 10% of its total balance. Binance experienced an outflow of 29,000 Bitcoins, leaving 570,000 remaining. Other major exchanges, such as Gemini, OKX, and Kraken, also experienced significant outflows, with Kraken's outflow accounting for about 7-8% of its holdings.

If these trends continue and demand remains strong, the market may face a serious Bitcoin supply crunch. In particular, the introduction of Bitcoin ETF options could further exacerbate this situation, triggering additional gamma squeezes and amplifying upward price momentum.