Coinbase and Binance Reveal Bitcoin Inflows at Historic Lows: Here’s Why It Matters

Markets experienced choppy trading in the past week. Bitcoin, for one, surged from $111K on August 21st to over $117K on August 23rd, driven by the Jackson Hole bounce, before declining to $111.36K as of press time. A CryptoQuant metric now suggests that investors are increasingly holding rather than selling, which could potentially create conditions favorable for sustained price ￰0￱ Tightens The 30-day moving average of Bitcoin exchange inflows has fallen to its lowest level since May ￰1￱ explained that historically, lower inflows indicate reduced selling pressure as investors increasingly choose to hold rather than liquidate their Bitcoin, suggesting a tightening in available ￰2￱ all exchanges combined, the 30-day moving average of inflows has sharply declined even as BTC’s price has recovered modestly, which hints at a constrained supply environment supporting strength.

US-based and institutional investors are holding back from selling, as evidenced by a significant drop in inflows on ￰3￱ is also seeing the same pattern emerge, as historically low inflows indicate broader market restraint across global trading ￰4￱ fewer inflows on multiple exchanges, conditions look supportive for a price increase. Overall, these developments suggest that Bitcoin is entering a period of supply scarcity, which may limit selling opportunities and strengthen mid-term bullish ￰5￱ reduced selling pressure could also set the stage for what could be the last leg of Bitcoin’s current bull ￰6￱ Finale in Q4 According to crypto analyst Cryptobirb, Bitcoin may be approaching the final stretch of its historic bull ￰7￱ world’s largest cryptocurrency hit a new all-time high above $124,000 earlier this month but has since shown signs of fragility.

Cryptobirb’s analysis estimated the cycle is now 93% complete, and a potential peak will likely transpire between late October and mid-November ￰8￱ projection is based on historical bull run durations, halving cycles, and seasonal trends, all of which point to a possible climax within the next 60 ￰9￱ bull cycles peaked 366 to 548 days after a halving event, and with the most recent halving in April 2024, the calculated window falls between October 19 and November ￰10￱ indicators also remain supportive, as Bitcoin trades above key moving averages, while on-chain data shows no signs of miner capitulation. However, Cryptobirb warned that past cycles were followed by year-long bear markets with steep corrections of up to 66%.

For now, the analyst believes Bitcoin may be heading for its “grand finale” in Q4 2025.