{"id":36493,"date":"2025-07-11T21:01:31","date_gmt":"2025-07-11T21:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36493"},"modified":"2025-07-11T21:01:31","modified_gmt":"2025-07-11T21:01:31","slug":"bitcoin-supply-on-exchanges-remain-low-amid-latest-milestone-an-encouraging-sign","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36493","title":{"rendered":"Bitcoin Supply On Exchanges Remain Low Amid Latest Milestone, An Encouraging Sign?"},"content":{"rendered":"<div>\n<p>The general crypto sector is brewing with excitement and optimism, particularly around <a href=\"https:\/\/x.com\/santimentfeed\/status\/1943379116541063204\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin<\/a>, the largest digital asset, which recently witnessed a significant upside move to a new all-time high. Reports reveal that Bitcoin supply on exchanges has remained muted during the notable surge.<\/p>\n<h2>A Muted Bitcoin Exchange Balance<\/h2>\n<p>Bitcoin investors and traders are demonstrating positive behavior in spite of its notable rally. Santiment, a market intelligence and on-chain data platform, <a href=\"https:\/\/x.com\/santimentfeed\/status\/1943379116541063204\" target=\"_blank\" rel=\"noopener nofollow\">reported<\/a> the positive action of investors after investigating the number of BTC supply on crypto exchanges.<\/p>\n<p>The on-chain platform stated that Bitcoin has surged to a market value of $113,923, marking yet <a href=\"https:\/\/bitcoinist.com\/bitcoin-new-ath-crypto-bears-crushed-453-squeeze\/\" target=\"_blank\" rel=\"noopener \">another historic all-time high<\/a> during the time of the post. Despite the fact that the bitcoin price has increased by +13.6% from its local bottom on June 22nd, Santiment highlighted that traders are not demonstrating a strong desire to return coins to exchanges for possible sale.<\/p>\n<p>Investors are happy to keep their Bitcoin hidden away in cold storage or personal wallets rather than swarming to crypto exchanges to cash in on gains. According to the platform, this behavior is seen as a <a href=\"https:\/\/bitcoinist.com\/bitcoin-hodl-momentum-drops-long-term-conviction-builds\/\" target=\"_blank\" rel=\"noopener \">long-term trend<\/a> among known exchange wallet addresses.<\/p>\n<p>This action from exchange investors reiterates the story of strong holder belief. Thus far, this trend could be considered an encouraging signal to market watchers and traders, as <a href=\"https:\/\/bitcoinist.com\/bitcoin-bulls-eye-120000-will-falling-funding-rates-trigger-the-next-breakout\/\" target=\"_blank\" rel=\"noopener \">selling pressure<\/a> is still at bay.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-528689 size-medium\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/Bitcoin-chart-from-Santiment.jpeg?resize=640%2C359\" alt=\"Bitcoin\" width=\"640\" height=\"359\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/Bitcoin-chart-from-Santiment.jpeg?w=2971 2971w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/Bitcoin-chart-from-Santiment.jpeg?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/Bitcoin-chart-from-Santiment.jpeg?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/Bitcoin-chart-from-Santiment.jpeg?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/Bitcoin-chart-from-Santiment.jpeg?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/Bitcoin-chart-from-Santiment.jpeg?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/Bitcoin-chart-from-Santiment.jpeg?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/Bitcoin-chart-from-Santiment.jpeg?w=1140 1140w\" sizes=\"(max-width: 640px) 100vw, 640px\"><\/p>\n<p>Data from Santiment reveals that there has been a net decrease of 315,830 BTC on crypto exchanges over the past four months, representing an over 21% drop. It is important to note that the decline has been more pronounced, with a -61% drop when looking back five years, to July 2020, when 1.88 million BTC left exchanges.<\/p>\n<p>In conclusion, Santiment noted that the overall trend is quite bullish. \u201cOverall, the trend of coins staying off exchanges is a sign that the threat of sudden market plummets is more limited,\u201d the platform stated. Furthermore, Santiment claims that <a href=\"https:\/\/bitcoinist.com\/bitcoin-long-term-holders-selling-but-price-holds-new-buyers-stepping-in\/\" target=\"_blank\" rel=\"noopener \">long-term investors<\/a> are becoming more satisfied with storing their coins safely in their storage.<\/p>\n<h2>Investors Are Aggressively Buying BTC<\/h2>\n<p>During this bullish period, Bitcoin\u2019s Spot Cumulative Volume Delta (CVD) has been trending downwards for several consecutive weeks. Popular on-chain analytics platform Glassnode <a href=\"https:\/\/x.com\/glassnode\/status\/1943291241720136070\" target=\"_blank\" rel=\"noopener nofollow\">revealed<\/a> the persistent downtrend of the <a href=\"https:\/\/bitcoinist.com\/bitcoin-bear-market-this-metric-has-quietly-flipped\/\" target=\"_blank\" rel=\"noopener \">key metric<\/a>, with the most recent buy-side increase occurring on Wednesday.<\/p>\n<p>However, the platform claims that future CVD is more reactive, exhibiting an upward trend and strong buying interest. Since the all-time high tap, the chart shows that spot sold off while futures bought. Also, the funding is still modest, even momentarily negative.<\/p>\n<p>The development implies that the BTC\u2019s ongoing surge is being driven by leveraged rather than spot demand. Although spot markets are not providing much confirmation, Glassnode asserted that futures traders are leaning in. In the meantime, the <a href=\"https:\/\/bitcoinist.com\/bitcoin-bulls-eye-120000-will-falling-funding-rates-trigger-the-next-breakout\/\" target=\"_blank\" rel=\"noopener \">low funding<\/a> indicates that positioning isn\u2019t congested yet, which Glassnode considers a structurally precarious setup unless spot interest returns.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/RdEcNtOn\/\" alt=\"Bitcoin\" width=\"2084\" height=\"1242\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The general crypto sector is brewing with excitement and optimism, particularly around Bitcoin, the largest digital asset, which recently witnessed a significant upside move to a new all-time high. Reports reveal that Bitcoin supply on exchanges has remained muted during the notable surge. A Muted Bitcoin Exchange Balance Bitcoin investors and traders are demonstrating positive [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36493","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36493"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36493\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}