Bitcoin Could Test All-Time High as Exchange Inflows Decline and Whales Accumulate

Bitcoin’s recent price surge is driven by historically low exchange inflows and aggressive whale accumulation, which reduce available sell-side liquidity and push prices higher; momentum indicators show strength but also warn of short-term volatility that could correct prices toward $116,821. Declining exchange inflows: exchange deposits hit multi-year lows, tightening sell-side ￰0￱ accumulation: on-chain data shows large withdrawals from exchanges consistent with long-term ￰1￱ vs. risk: Stochastic RSI at extreme levels signals strong trend with elevated short-term volatility ￰2￱ price surge driven by low exchange inflows and whale accumulation; discover near-term targets, risks, and trade ￰3￱ ￰4￱ is driving Bitcoin’s recent price surge?

Bitcoin price surge is being driven primarily by a sharp decline in exchange inflows and concentrated whale accumulation, which reduce immediate sell-side ￰5￱ on-chain shifts, supported by positive taker-side flows, have pushed BTC toward its all-time high while increasing short-term volatility ￰6￱ low exchange inflows affect Bitcoin’s liquidity? Exchange inflows (30DMA) have dropped to multi-year lows, roughly half the 2020 ￰7￱ inflows mean fewer coins available for quick selling on centralized exchanges, reducing downward pressure and amplifying upward moves when demand ￰8￱ inflow on Binance hits historical lows CryptoQuant data shows Binance and aggregate exchange inflows fell to historic lows, with 30‑day averages slipping below typical multi-year ￰9￱ pattern contrasts past rebounds when inflows spiked as traders realized profits.