According to @cas_abbe, BlackRock says if every U.S. millionaire bought 1 BTC, available supply would be insufficient, highlighting a structural scarcity backdrop. According to @cas_abbe, 87% of BTC supply has not moved in 6+ months and only about 2.3M BTC is liquid, tightening tradable float. According to @cas_abbe, the U.S. has 7M+ millionaires and spot BTC ETFs are already absorbing more than daily issuance, creating a persistent order-flow imbalance. According to @cas_abbe, this setup implies a potential supply squeeze narrative that traders may track via ETF net inflows versus on-exchange liquid supply.

According to @rovercrc, a single buy of 274.22 BTC valued at roughly USD 32 million just hit the tape, indicating large-size demand entering the Bitcoin spot market (source: @rovercrc on X, Aug 10, 2025). For traders, this whale-sized inflow can precede short-term volatility and order book imbalance, so monitor spot order books, funding rates, and open interest for confirmation or absorption of the flow (source: @rovercrc on X, Aug 10, 2025). If sustained bids emerge, liquidity above recent highs may be targeted by momentum participants; if follow-through fails, mean-reversion and liquidity sweeps become higher risk (source: @rovercrc on X, Aug 10, 2025). Position sizing should account for slippage and potential stop runs given the reported purchase size (source: @rovercrc on X, Aug 10, 2025).