On December 26, PANews reported, according to Cointelegraph, that CryptoQuant contributor Darkfost pointed out in an analysis report on December 25 that the Bitcoin price on Binance recently dropped to $98,990, and the reserve has fallen below 570,000 coins, the lowest level since January this year. This change typically indicates that investors are actively transferring Bitcoin to cold wallets, showing optimism about the long-term price outlook. Looking back at the beginning of this year, Binance's Bitcoin reserves also dropped to similar levels in January, and then within two months, the Bitcoin price soared to a historic high of $73,679 on March 13. Darkfost emphasized: 'The emergence of a withdrawal wave is often a signal that positive momentum is forming in the market.'