Bitcoin supply on exchanges remains low amid Bitcoin's surge to a new all-time high, signaling positive investor behavior.
Investors prefer holding Bitcoin in cold storage instead of exchanging for fiat currency, indicating strong holder belief and limited selling pressure.
Data from Santiment shows a significant decrease in BTC on exchanges over the past few months, with a 21% drop, pointing towards a bullish trend.
Glassnode reports strong buying interest in Bitcoin futures despite spot markets showing a downtrend, with low funding suggesting a potentially fragile market setup.