Bitcoin’s exchange reserves fell to 2.4 million BTC, showing a historic outflow from centralized exchanges and rising market demand.
The price surged above $100K following an ascending channel with higher highs and strong support levels.
Large wallet outflows between September and November 2025 indicate strategic reallocation to private storage, which is reducing liquidity.
Bitcoin’s momentum exchange reserves hit multi-year lows, fueling bullish trends. $100K support is holding while strategic wallet outflows hint at growing long-term holding and tightened market liquidity.
Exchange Reserves Hit Multi-Year Low
Bitcoin’s exchange reserves fell to approximately 2.4 million BTC, a multi-year low. Historical trends indicate that reduced exchange holdings often coincide with rising prices, reflecting tightened liquidity.
The decline in reserves from over 3.1 million BTC at the start of 2024 to below 2.4 million BTC by November 2025.Investors appear to be moving funds into private wallets,as they show confidence in future price stability.
As Kamran Asghar noted in a tweet, low exchange reserves are a bullish precursor. These movements suggest investors are strategically managing holdings and not panic selling, adding upward pressure on Bitcoin’s value.
Is the $100K $Bitcoin floor unbreakable? On-chain data says YES.$Bitcoin's Exchange Reserve has fallen to ~2.4M $BTC. This is a multi-year low, and historically, low reserves are a powerful bullish precursor. pic.twitter.com/I5rwOtwFiQ
— 𝐊𝐚𝐦𝐫𝐚𝐧 𝐀𝐬𝐠𝐡𝐚𝐫 (@Karman_1s) November 12, 2025
Price Trends and Support Levels
Bitcoin’s price climbed from below $50,000 in early 2024 to over $100,000 by late 2025, in a consistent ascending channel which shows higher highs and higher lows,due to ongoing bullish momentum.
Bitcoin may experience short-term corrections toward the $100K–$95K support zone to allow liquidity accumulation before another upward surge. Maintaining support above $94K may allow a retest of the $130K–$135K range by mid-2026.
Source Tweet on X
Two notable peaks at $109K and $126K demonstrate past resistance levels. Each correction phase has been met with strong buying activity, reinforcing the trend channel and the resilience of Bitcoin’s price movement over the observed period.
Large Wallet Outflows and Market Activity
A single wallet sent out 12,000–13,000 BTC, emptying its balance by November 9. The transfers, ranging from 1,966 BTC to 3,601 BTC, happened over two weeks.
These movements appear to be a shift to cold storage institutional accounts, as Bitcoin steadied around $100K. During this period the outflows reduced coins on exchanges while overall market activity remained steady.
On November 12, Bitcoin traded between $101K and $106K, in the midday, it rose to $105K was followed by a sharp drop, showing short-term volatility, but the broader market stayed stable.
