According to Crypto Rover, a hacker associated with Bybit has burned $42.7 million worth of Ethereum (ETH), potentially leading to a significant supply shock. This event could impact the market dynamics for ETH, as the reduced supply might drive prices upward. Traders should monitor ETH price movements closely as the market reacts to this unexpected reduction in circulating supply.

According to Crypto Rover, only 5% of Bitcoin's total supply remains to be mined, which emphasizes the increasing scarcity of Bitcoin as a factor driving its demand. This scarcity could potentially lead to a supply shock in the market, as not everyone will be able to own a full Bitcoin. Such conditions might affect trading strategies and market valuations significantly. This information is crucial for traders to consider how scarcity might influence future market dynamics. (Source: Crypto Rover)

According to Crypto Rover, major financial entities including big banks, hedge funds, asset managers, governments, and corporations are increasing their Bitcoin acquisitions via ETFs. This surge in institutional demand is juxtaposed with the limited daily mining of Bitcoin, indicating a potential supply shock. The scarcity driven by this unprecedented demand could have significant implications for Bitcoin's market price and trading strategies.

According to Crypto Rover, major Bitcoin whales have been accumulating unprecedented amounts of BTC, leading to a significant decrease in available supply. This trend suggests a potential supply shock which could impact trading strategies and price movements in the near future.

According to Cas Abbé, a large entity has accumulated 30,000 BTC through OTC deals, valued at $2.94 billion. This accumulation suggests a potential supply shock in the market as these transactions avoided immediate price impact.