$MIBBLES
Fading QuicklySnapshot Window: 2026-08-17 14:40 UTC Β· β Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 23, Retweets: 9, Likes: 22, Impressions: 1151
Verbatim Community Citations & Social Evidence 1 source posts analyzed
Bitcoin exchange balances just hit their highest since Jun 15. The supply squeeze that ETF-inflow headlines kept citing has almost entirely unwound. The drain was real. BTC on exchanges fell from ~1.337M on Jun 12 to ~1.304M on Jul 28, roughly 33,000 coins off exchanges,
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AI visual note: A line chart titled "Bitcoin exchange balances: the drain already reversed" tracks BTC supply on exchanges from May 12 to August 16, 2026, showing balances climbing to a June 12 peak of 1.337M, dropping to a July 28 trough of 1.304M (-33,000 BTC), and then rebounding to 1.332M by August 16βthe highest level since June 15, illustrating how the supply drain off exchanges has largely reversed.