$BTC
Over 400,000 BTC Have Left Exchanges in Just One Year
Fresh Santiment data shows a massive drop of 403.2K BTC from centralized exchanges over the past 12 months — roughly 2% of the entire supply.
What does this mean? Simply: lower sell pressure and fewer chances of sudden panic dumps.
When Bitcoin moves into private wallets, it usually signals accumulation and long-term conviction, not short-term trading. Historically, that’s been a strong bullish indicator for future price action.
🎯 The takeaway:
The more $BTC leaves exchanges, the higher the likelihood of a supply squeeze. If demand stays steady or increases… the setup clearly favors the bulls 🐂.
❓ Your turn:
Do you think this outflow suggests Bitcoin still has room to run? Or is the market getting too optimistic despite the shrinking exchange supply?
#Bitcoin #BTC #Crypto #OnChainAnalysis #Investing
