Markets· ★★★· bullish·

Galaxy's Alex Thorn says bitcoin has bottomed as dormant supply outflows halve to 34,000 BTC

  • —Thorn published the call on X on Oct. 26, 2026
  • —Dormant BTC supply outflows halved to 34,000 coins
  • —The bottom thesis rests on who stopped selling, not on price
Why it matters: If large holders have truly stopped selling, the supply overhang weighing on BTC near $80,000 could ease.
Source: Coinotag