Bitcoin’s inflow/outflow ratio has declined to approximately 0.9, reaching lows comparable to those observed during the 2022 bear market. This indicates reduced sell-side liquidity as investors increasingly transfer Bitcoin to private wallets, suggesting active accumulation.
The current price range between $100,000 and $110,000 resembles historical accumulation zones, mirroring patterns seen near the 2022 macro bottom. Supporting this trend, over 19,400 BTC valued at roughly $2.11 billion were transferred from dormant wallets, demonstrating robust confidence among long-term holders.
Despite ongoing short-selling pressure in derivatives markets, Bitcoin’s price has maintained unusual stability. This resilience appears driven by institutional accumulation efforts that compensate market volatility.
Persistent outflows from exchanges continue to reduce available supply, potentially establishing a structural foundation near $100,000. These trends collectively strengthen prospects for future price appreciation and market stability.