The inflow of bitcoins to exchanges has fallen to the level of 2016, decreasing to 30,000 BTC per day. CryptoQuant analysts believe this may foreshadow an imminent rise in the first cryptocurrency.
Predominantly, when investors withdraw their bitcoins from exchanges to wallets for long-term storage, BTC shows growth, as sales are minimal.
Additionally, experts noted an increase in the volume of stablecoins in Binance reserves to a record $31 billion. In comparison, in June 2023, this figure was only $7 billion. This indicates a growing interest from buyers, analysts emphasize.