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Bitcoin witnessed the highest outflow of funds from the exchange in 2 years, which is significant.
Bitcoin has risen again with a positive sentiment returning after Donald Trump revealed plans to reduce tariffs on China. This indicates that the trade war that began in January 2025 may soon come to an end. Taking this as a signal, Bitcoin speculators have started to act once more. So far, they have purchased nearly 20,000 BTC, with outflows from the BTC exchange rising to levels not seen in over two years. The outflow of capital from the Bitcoin exchange reached the level of February 2023. According to the on-chain data tracking platform CryptoQuant, more BTC has flowed out of exchanges at an unprecedented level in the past two years. This data is taken on a 100-day moving average and shows a significant net outflow not only from 2025 and 2024 but also from 2023. Data from CryptoQuant shows that the net Bitcoin flow from all exchanges has fallen by more than 50% over the past year. Currently, it is at a low level, the last time it was this low was in January 2023, when the cryptocurrency market had just emerged from the impact of the collapse of the FTX cryptocurrency exchange.
When net cash flow is low like this, it indicates that Bitcoin investors are opting to accumulate rather than sell. This points to the withdrawal of funds from exchanges into private storage, with investors holding onto their BTC to wait for higher prices before they start selling. "Basically, this shows that the flow of Bitcoin out of exchanges is at its highest since that date," CryptoQuant explained in the post. "An assessment of historical patterns suggests that this may imply the reaccumulation of assets by investors." BTC whales are shifting to a rising trend again. The recent rise in Bitcoin prices seems to be driven by bullish speculators who have taken advantage of the price drops to accumulate a large amount of BTC in a very short time. Santiment reported on this development, indicating that the 11% rise in Bitcoin prices could be driven by the buying activities of these large investors.
The post shows that investors holding between 10 and 10,000 BTC have been buying heavily over the past week. In total, they added 19,255 BTC to their balances in just seven days. This indicates that whales have realized how undervalued BTC is and have seized the opportunity to secure quick profits. At the time of writing, the price of Bitcoin is trending around $94,578, indicating the strong maintenance power of the buying side.