Bitcoin Shows Signs of Strong Demand Amid High Net Outflows and Whale Accumulation Potential

Key Points

1. Over 60,000 BTC flowed into exchanges, but this was offset by more than 90,000 BTC in outflows, resulting in a net withdrawal of approximately 29,000 BTC — the largest net outflow in the past year.

2. Retail futures activity is rising, particularly within the $116,000 to $120,000 price range, indicating a potential buildup phase before a larger price movement.

3. Long-term holders are reducing sell pressure on the market, contributing to stability and signaling strong demand.

4. Whale activity remains steady, suggesting accumulation and confidence in Bitcoin's near-term upward potential.

5. The market dynamics, including record net outflows and robust demand, imply Bitcoin may be preparing for a significant price increase.