CEX: Retail investor demand has surpassed Bitcoin supply

[CEX: Retail investor demand has surpassed Bitcoin supply] CEX states that new buyers entering the Bitcoin market are regarded as "price insensitive" investors, and they are accumulating Bitcoin at a rate that exceeds the supply rate of miners, which could be favourable information for the future Bitcoin price. CEX analysts noted in Monday's market report: "Currently, the combined balance of these groups (new buyers) is rising at a speed of approximately 19,300 Bitcoins per month." Analysts emphasize that the groups of Bitcoin holders with less than 1 coin ("shrimp"), 1 to 10 coins ("crab"), and 10 to 100 coins ("fish") are increasing their Bitcoin portfolios at a pace far exceeding the current monthly issuance. Since the halving in April 2024, the monthly issuance of Bitcoin has been maintained at around 13,400 coins. Analysts stated: "This level of demand alone is enough to absorb all new supply." They added that these investors are continuing to buy regardless of price: "This trend of accumulation at the group level supports a broader bullish narrative, that new buyers entering the Bitcoin market are price insensitive buyers, who are relentlessly accumulating Bitcoin with almost no interruptions."