Last year, the $ICP supply on exchanges increased by 13M ICP. This year, I expect it to keep increasing, but at a slower pace. So far in 2026, exchange supply has actually dropped by ~1.6M ICP. During the last BTC bear market (2022), exchange supply fell by 6M ICP, the only
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Last year, the $ICP supply on exchanges increased by 13M ICP. This year, I expect it to keep increasing, but at a slower pace. So far in 2026, exchange supply has actually dropped by ~1.6M ICP. During the last BTC bear market (2022), exchange supply fell by 6M ICP, the only