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7,000 BTC Leave Binance Amid LTHs Accumulation — Here’s Why That’s Bullish for Bitcoin

Key Insights

  • 7,000 BTC leave Binance

  • Long term holders continue to accumulate Bitcoin

Bitcoin Bullish Momentum Strengthens

While the crypto community debates macroeconomic forecasts especially after the release of U.S CPI data and ETF inflows, Bitcoin [BTC] is setting for the next move. Over the past day, two key signals have emerged: a significant exodus of BTC from Binance and a sudden, sharp increase in long-term holder (LTH) accumulation.

Together, they suggest that Bitcoin’s uptrend may be entering its next phase. The question is, can Bitcoin rally to a new high?

Binance Outflows: A Bullish Exodus

Since June 6, a noticeable stream of Bitcoin has been flowing out of Binance . More than 7,000 BTC in total, and counting. This withdrawal of coins from Binance reflects marker optimism and bullish sentiment.

Chart illustrating Bitcoin's exchange netflow on Binance, showing a significant withdrawal of over 7,000 BTC. The graph correlates this outflow with Bitcoin's price fluctuations from March to June, highlighting spikes and dips in netflow and corresponding price changes.
Chart illustrating Bitcoin's exchange netflow on Binance, showing a significant withdrawal of over 7,000 BTC. The graph correlates this outflow with Bitcoin's price fluctuations from March to June, highlighting spikes and dips in netflow and corresponding price changes.

When traders move Bitcoin off exchanges, especially in large amounts, they’re not doing it to sell they’re doing it to hold. It’s the equivalent of pulling your gold out of a vault and locking it in a safe at home. It’s about trust, security, and most importantly, long-term conviction.

This kind of behavior strips liquidity from the market and reduces immediate sell pressure. Fewer coins available on exchanges typically sets the stage for upward price momentum, especially when supported by strong demand.

Long-Term Holders Step In

The most powerful signal currently in the market comes from Bitcoin’s long-term holders. For the first time since September 2024, the LTH Position Change metric has surged past the 600,000 BTC mark. This metric has recently reached a high of 851k BTC.

Long-term holder supply net position change over a 30-day period, illustrating Bitcoin price trends and fluctuations in holder sentiment with positive (blue) and negative (red) changes against issuance (orange).
Long-term holder supply net position change over a 30-day period, illustrating Bitcoin price trends and fluctuations in holder sentiment with positive (blue) and negative (red) changes against issuance (orange).

This marks aggressive accumulation by investors who are playing the long game, often holding through multiple bull and bear cycles. When they start buying again aggressively, it’s a sign of high confidence.

Amidst this, Short-term holders are staying quiet. Their position change remains flat, suggesting they’re not contributing to volatility a rarity in a market that thrives on FOMO and panic sells. The fewer the “weak hands,” the more stable Bitcoin’s base becomes.

What to Expect Now

As traders fret over U.S. inflation, regulatory uncertainty, and altcoin rotations, Bitcoin is quietly strengthening its fundamentals.

While prices have made slow movement, the foundations are strong. Outflows, especially from Binance suggest growing investor confidence and conviction with BTC future potential. Simultaneously, the surge in long-term holder accumulation may be signaling that the smart money believes Bitcoin is on the verge of a significant move.

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