• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: DOJ's Largest Bitcoin Seizure: $15 Billion In BTC Linked To Cambodian 'Pig Butchering' Scam
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: DOJ's Largest Bitcoin Seizure: $15 Billion In BTC Linked To Cambodian 'Pig Butchering' Scam
Bitcoin

Exchange Inflows, Outflows Shows Investors Have Not Given Up On Bitcoin

Best Owie
by Best Owie
3 years ago
·
Posted in Bitcoin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin is still tethering around the $40,000 angle as the market goes through the motions of social and political crises. It has adversely affected the crypto market as it has other financial markets but the market has held strong in the face of adversity. Despite declining prices, bitcoin investors are still holding on to their digital assets as evidenced by exchange inflows/outflows.

Bitcoin Exchange Deposits Drop

Bitcoin exchange deposits are in a decline. The number of investors that are depositing their coins to exchanges, presumably to sell, has been dropping in recent times. This number has gone down by almost 50% since its all-time high in November. Exchange deposits had reached as high as 74,000 BTC flowing into exchanges per day. However, this number is down to 41% per day as of Monday the 28th of February.

Related Reading | How Analysts Expect Crypto Sports Sponsorship Spend To Reach $5B In Less Than Five Years

As exchange deposits have declined, exchange withdrawals have gone the opposite way. This number is still holding high at 40,000 to 48,000 BTC leaving exchanges per day in the month of February. This shows that bitcoin investors are still accumulating coins off of exchanges. It is also reducing the supply of BTC on exchanges each day causing more scarcity on exchanges.

Btc revived supply

BTC revived supply remains low | Source: Glassnode

Data from Glassnode shows that this trend did not just begin. Since July, the 30-day EMA of exchange net flows has shown that more investors have preferred to withdraw their coins instead of moving them to exchanges. Even though the number of withdrawals has dropped, it is still higher than the number of bitcoin being moved into exchanges, showing that demand is still higher than supply.

Inflows Stay Down Despite Recovery

Bitcoin had touched some month-lows in February but even that has not seen exchange inflows go up. These inflow numbers have remained on a steady downtrend with only minor inflows recorded in the midst of major headwinds.

Back in May to June 2021, bitcoin inflows had shot up which had represented a loss of confidence from investors. However, the digital asset had since fallen and not gotten back up to this level. This points to a return of confidence in a major way for investors. Not only that, but it also shows that bitcoin investors are back on an accumulation trend, choosing instead to hold for the long-term rather than realize short-term gains.

Related Reading | BitConnect Founder Charged With Masterminding $2.4 Billion Fraud

Bitcoin price chart from TradingView.com

BTC on verge of another bull | Source: BTCUSD on TradingView.com

The BTC revived supply metric also points to a renewed faith in the digital asset on the part of investors. Usually, when the conviction is down, this metric would record a very high uptick. However, the volume recorded has shown barely any difference from previous days.

Bitcoin exchange deposits

BTC exchange deposits down | Source: Glassnode

The normal long-term capitulation that is typical of the start of bear markets has not been recorded yet. This points to investors not being ready to sell their coins. Although this could mean that there are more dips to come before the market officially welcomes another bear stretch.

Featured image from MARCA, charts from Glassnode and TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Best Owie

Best Owie

Follow

Best Owie is a Managing Editor at Bitcoinist with extensive experience and a proficient expert known for crafting captivating and insightful content. Best boasts over six years in the crypto sector, and has supervised the conception and publication of thousands of articles. Best is also a content and marketing strategist with the ability to make sure your content reaches the right audience and beyond. In every aspect, Best stands out as a consummate professional, always striving for unparalleled excellence both within and outside the workplace.

Full Profile

Related Posts

Bitcoin

Forget Bitcoin’s Halving — The ‘Business Cycle’ Is The Real Market Killer: Analyst

14 hours ago
Bitcoin Hyper

มาแรงสวนตลาด! Bitcoin Hyper ระดมทุนทะลุ 24 ล้านดอลลาร์

1 day ago
แม่เหล็กดึงดูดเหรียญ Bitcoin เปล่งพลังงานสีน้ำเงิน

ถึงเวลาช้อน? สถาบันกว้านซื้อ Bitcoin มากกว่าที่ขุดได้ 6 เท่า

1 day ago
比特幣ETF即時新聞:單日淨流出逾5.36億美元動態更新(10月21日)

比特幣ETF即時新聞:單日淨流出逾5.36億美元動態更新(10月21日)

1 day ago
Bitcoin pod presją

Bitcoin pod presją – długoterminowi inwestorzy realizują zyski

2 days ago
ako ťažiť kryptomeny v 2025

Ako ťažiť kryptomeny v roku 2025? AI technológie a virtuálne uzly menia celé odvetvie

2 days ago
Please login to join discussion

Premium Sponsors

Press Releases

  • ORIGIN Protocol's LGNS Achieves Historic Milestone: Liquidity Tops $194 Million, Reclaiming Title as Global Leader in DeFi

    ORIGIN Protocol’s LGNS Achieves Major Milestone...

    48 minutes ago
  • bonus kcex

    Bonus KCEX: promozione da $21.000 con un bonus deposito del...

    4 hours ago
  • Maxi Doge

    Защо Maxi Doge може да се окаже...

    5 hours ago
  • 挖 1 枚比特幣耗電可供 61...

    7 hours ago
  • KCEX стартира бонус за търговия от...

    1 day ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.