Odaily Planet Daily News đ CryptoQuant analyst Axel Adler Jr.'s latest on-chain data shows that the number of Bitcoin deposit addresses on exchanges has dropped significantly, reaching a low of 25,000. This key signal may indicate a shift in investors' strategies for holding Bitcoin.
đ The decrease in the number of addresses where investors are ready to sell Bitcoin indicates that most holders expect prices to rise and prefer to keep their assets. From a behavioral economics perspective, this reflects the increased confidence of Bitcoin investors.
đ This behavioral change may be driven by factors such as increased institutional investment in cryptocurrencies. A decrease in willingness to sell may lead to a decrease in the supply of Bitcoin in the market, stable or increased demand, and a possible increase in prices, which is a bullish signal.
