Recent on-chain data reveals a significant decrease in the number of Bitcoin deposit addresses across all exchanges, now at a low of 25,000. This reduction is a critical indicator of a potential shift in investor strategy towards holding rather than selling Bitcoin.

The decrease in deposit addresses suggests that investors are increasingly confident in Bitcoin's future value, likely influenced by rising institutional interest in cryptocurrencies. This behavioral shift points to a stronger market sentiment and a bullish outlook.

With a reduced supply of Bitcoin available for sale and steady or increasing demand, price increases are anticipated. This trend signals positive market expectations and potential growth in Bitcoin's value.