Bitcoin's treasury accumulation cycle is spinning faster. As institutional adoption grows and corporate balance sheets expand their digital reserves, the dynamics shift fundamentally. More entities holding BTC means tightening supply at exchange levels—fewer coins available for trading. This scarcity feedback loop drives price discovery upward, which then incentivizes further institutional allocation. It's a self-reinforcing pattern where each cycle of accumulation intensifies the next wave. Market data increasingly reflects this macro shift, with on-chain metrics showing persistent withdrawal trends and corporate treasury announcements creating fresh momentum. The flywheel isn't just theoretical anymore—it's becoming visible in real market structures.