Santiment reports over 403,000 Bitcoin moved off exchanges in the past year
Over 403,000 Bitcoin were moved off exchanges in the past year, signaling reduced selling pressure.Summary
Data from Santiment indicates that more than 403,000 Bitcoin were withdrawn from crypto exchanges between December 7, 2024, and December 7, 2025. This movement resulted in a 2% reduction in the circulating Bitcoin supply held on exchanges, which is generally viewed as a positive indicator suggesting long-term holding by investors. Lower exchange reserves decrease the likelihood of sudden, large sell-offs that could depress prices. Despite this positive on-chain metric, Bitcoin is facing volatility ahead of a Fed meeting, trading near $91,000. Furthermore, some analysts have lowered their 2025 year-end price forecasts, with Standard Chartered revising its expectation to $100,000 (down from $200,000) and Galaxy Digital lowering its outlook to $120,000 (down from $185,000).
(Source：Crypto Briefing)