Santiment
Santiment|Jul 10, 2025 18:38
📈 Bitcoin has made yet another historic all-time high, surging to a market value of 113,923 30 minutes ago. Despite BTC's +13.6% price rise since its June 22nd local bottom, traders are not showing eagerness to move coins back on to exchanges (to potentially sell). 🤯 In fact, among known exchange addresses, the long-term trend continues to show Bitcoin holders moving their coins into self custody wallets more and more. In the past 4 months alone, there has been a net drop of 315,830 Bitcoin on exchanges (-21%). Dating back 5 years to July, 2020, the drop has been even more staggering, with 1.88M moving away from exchanges (-61%). 👍 Overall, the trend of coins staying off exchanges is a sign that the threat of sudden market plummets is more limited, and long-term investors are increasingly content to keep their coins safe in personal storage for the long run. 👀 Explore the daily changes in exchange supply with this handy chart, and toggle between other coins you wish to monitor as well: https://app.santiment.net/s/w7B2R7hR?utm_source=twitter&utm_medium=post&utm_campaign=twitter_btc_supply_on_exchanges_b_071025/&fpr=twitter
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