"Bitcoin's Exchange Listings at 3-Year Low"

In recent days, Bitcoin (BTC) has reached the lowest outflow levels on exchanges in the last 3 years. This situation indicates that investors prefer to accumulate rather than sell, despite the high prices. Analysts relate this situation to the 'holding rather than selling' tendency of investors.

CryptoQuant analysts reported that Bitcoin exchange net flows have declined to a three-year low. According to the data, the 14-day moving average shows a daily average outflow of 7,500 Bitcoins. This level is significantly lower than the outflows observed during the 2022-2023 period, indicating that investors' attitude towards recording Bitcoin accumulations has not changed.

Especially, despite Bitcoin's price surpassing the all-time high of $126,000 recently, the outflows of Bitcoin from exchanges continue, which is noteworthy. The CryptoQuant analyst states that such periods generally indicate times when whales and long-term investors are accumulating. This situation suggests that short-term selling pressure has decreased and long-term confidence in the markets has increased.

The transfer of Bitcoins withdrawn from exchanges to personal wallets reduces liquidity in the market while simultaneously creating tightness on the supply side. This scenario is seen as a structurally supportive signal for the price of Bitcoin. It is clear that investors need to be cautious during this process and take advantage of potential opportunities effectively.