cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Bitcoin Pullback or Setup? On-Chain Metrics Hint at What’s Coming Next

-

by

cryptd.in
in

Bitcoin is experiencing a short-term price decline. In the past 24 hours, the asset has fallen by approximately 9.3% to a trading value of $105,062. This pullback places Bitcoin roughly 8% below its all-time high recorded last month.

The dip comes amid broader market volatility, but on-chain indicators and exchange data suggest deeper structural trends that may influence the next phase of Bitcoin’s price trajectory.

Recent market analysis points to renewed accumulation among long-term holders, a spike in exchange withdrawals, and rising spot trading activity on Binance.

These developments are being interpreted as signals of underlying strength despite recent price weakness. CryptoQuant contributor Amr Taha has provided a detailed breakdown of these emerging patterns, offering a perspective on how long-term dynamics may be shaping Bitcoin’s current market behavior.

Binance Trading Volume Rises, Long-Term Holders Accumulate

Since early June, Binance has seen its share of Bitcoin spot trading volume increase from 26% to 35%, positioning it more firmly as the dominant platform in the market. This increase in trading activity has occurred as Bitcoin approaches and tests key price levels.

According to Taha, this surge may indicate renewed interest from retail and institutional traders alike, particularly as volatility draws more short-term market participants to major exchanges.

Bitcoin holders position realized cap.

In addition to exchange volume shifts, on-chain data reveals growing confidence among long-term Bitcoin holders. The Long-Term Holder (LTH) Net Position Realized Cap, a metric that reflects the value of coins held by entities with a holding period of over 155 days, has returned above $20 billion.

Historically, this type of accumulation pattern has preceded periods of price expansion, as long-term investors tend to hold through corrections and avoid frequent selling.

The rise in LTH realized cap suggests these entities are not exiting positions during this market dip, which may reduce available supply and support future upward movement.

Bitcoin Large Exchange Withdrawals Signal Tightening Supply

Beyond trading activity and holder behavior, Taha pointed out that another notable trend is emerging on centralized exchanges. Over a two-day period, Kraken and Bitfinex recorded net Bitcoin outflows exceeding 20,000 BTC, among the largest short-term withdrawals in recent months.

Bitcoin netflow on major exchanges

Such movements are often interpreted as signals of investors shifting assets into self-custody, possibly in anticipation of long-term holding or strategic redeployment.

Combined, the rise in Binance’s market share, increased LTH accumulation, and exchange outflows present a picture of a market undergoing structural positioning rather than widespread exit activity.

While the short-term price trend reflects a pullback from recent highs, the simultaneous withdrawal of supply and steady long-term holder confidence could act as foundational elements for potential future growth.

Bitcoin (BTC) price chart on TradingView

Featured image created with DALL-E, Chart from TradingView

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (370) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (65) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (63) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (3) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (5) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.