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🔥 THE BITCOIN SCARCITY TRADE MAY BE LOSING ITS EDGE. Something just changed in the $BTC supply picture that traders shouldn’t ignore. For the first time in a meaningful way, Bitcoin’s exchange reserves have moved back above the 200D SMA, challenging the two-year trend of coins steadily leaving exchanges. Why does that matter? Coins sitting on exchanges are generally more liquid and easier to sell. #DailyOrbit