613K Bitcoin is gone, the supply shock is coming?

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Bitcoin’s disappearing act on Binance has traders biting their nails. Experts reported that around 613,000 BTC have vanished from Binance’s exchange reserves, hitting levels we last saw in July.

This steady exodus signals one thing, supply is tightening, and the short sellers better batten down the hatches because this week could sting.

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Danger zone

Bitcoin trading near $111K in the time of writing, but with fewer coins lounging on exchanges, every upward move gets boosted.

Traders are now eyeballing the $116K mark as a pivotal danger zone. Why? Because $4.8 billion in short bets might get wiped clean if BTC prices tickle that level.

Those shorts are like a powder keg, once triggered, forced buybacks could light a rocket straight to the moon.

Resistance

Binance’s BTC reserves dropping means fewer coins are up for grabs, hinting at holders’ long-term plans to huddle their stash off-exchange.

The market’s sensitivity to price surges is only growing, setting the stage for volatile fireworks. Traders like volatility. The ones who have been liquidated? Likely not so much.

Looking at the charts, Bitcoin is cautiously eyeing resistance near $113,200 (the 50-day EMA).

Momentum indicators like RSI sit in neutral territory, while the MACD flirts with a bullish crossover.

Buying volumes are polite, though, traders seem to be waiting for that green light above resistance before diving in.

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Supply squeeze

Analysts say if Bitcoin busts past $113K, it’s game on toward the dreaded $116K mark, triggering those short liquidations and potentially sending prices even higher.

The upcoming days might feel like riding a rollercoaster blindfolded, only with more screens and less popcorn.

This supply squeeze and looming short squeeze combo could make for one of the most dramatic weeks yet in Bitcoin’s 2025 story. What an Uptober, huh?


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

András Mészáros
Written by András Mészáros
Cryptocurrency and Web3 expert, founder of Kriptoworld
LinkedIn | X (Twitter) | More articles

With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.

📅 Published: October 28, 2025 • 🕓 Last updated: October 28, 2025
✉️ Contact: [email protected]

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