LONDON (IT BOLTWISE) – The Bitcoin market is showing a remarkable development: over 400,000 Bitcoin have been withdrawn from exchanges, indicating a long-term holding strategy. This move could reduce volatility and stabilize the price as institutional investors increasingly enter the market.
Today’s daily deals at Amazon! ˗ˋˏ$ˎˊ˗
A notable trend has emerged in the Bitcoin market in recent months: over 400,000 Bitcoin have been withdrawn from exchanges, indicating an increasing shift towards long-term holding strategies. This development is viewed as positive for the market by the market analysis platform Santiment. The decline in the amount of Bitcoin held on exchanges could reduce volatility and stabilize the price as fewer coins are available for immediate sale.
A key driver of this movement is the growing interest of institutional investors, who are increasingly shifting Bitcoin into exchange-traded funds (ETFs) and other regulated investment vehicles. According to Giannis Andreou, CEO of Bitmern Mining, ETFs and public companies now hold more Bitcoin than all exchanges combined. This development suggests a shift towards less liquid inventories and greater price stability.
Bitcoin’s shift into ETFs and private companies also has an impact on market structure. As the Bitcoin price hovers around $90,000, it is evident that the market is increasingly dominated by regulated institutions rather than trading platforms. This change could lead to greater price reflexivity in the long term, as institutional investors tend to be less inclined to sell their holdings quickly.
The declining number of Bitcoin on exchanges could also be seen as an indicator of investor confidence in the cryptocurrency’s long-term performance. Historically, a decline in the amount of Bitcoin held on exchanges has often resulted in a reduction in selling pressure, which in turn can stabilize the price. This development could also create new investment opportunities for companies and institutional investors looking for more stable and less volatile forms of investment.
Order an Amazon credit card without an annual fee with a credit limit of 2,000 euros!
Bestseller No. 1 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 2 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 3 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 4 ᵃ⤻ᶻ «KI Gadgets»
Bestseller No. 5 ᵃ⤻ᶻ “KI Gadgets”
Please send any additions and information to the editorial team by email to de-info[at]it-boltwise.de. Since we cannot rule out AI hallucinations, which rarely occur with AI-generated news and content, we ask you to contact us via email and inform us in the event of false statements or misinformation. Please don’t forget to include the article headline in the email: “Bitcoin withdraws from exchanges: Long-term holding strategies in focus”.