- Bitcoin outflows from Binance and strong LTH accumulation hint at reduced sell-side pressure.
- With STHs quiet and supply tightening, BTC may be setting up for a sustained rally.
Bitcoin [BTC] is showing signs of strength — and this time, it’s not just driven by hype or short-term traders.
A steady wave of accumulation by long-term holders, coupled with notable outflows from major exchanges like Binance, suggests deeper conviction is taking hold.
Since the 6th of June, more than 7,000 BTC have left Binance alone, reducing available supply and showing that seasoned investors may be preparing for a longer-term price move.
Is this the foundation for Bitcoin’s next sustained rally?
Binance sees over 7,000 BTC in outflows
Bitcoin’s recent strength is supported by a visible shift in exchange behavior, particularly on Binance.
Since the 6th of June, more than 7,000 BTC have been withdrawn from the exchange, as reported by a CryptoQuant report.
Source: CryptoQuant
This trend, marked by a cluster of red netflow bars, shows rising preference among investors to self-custody their holdings; typically a sign of reduced short-term selling intent.
As BTC exits centralized platforms, available supply thins out, often foreshadowing a supply squeeze. When paired with rising price action, such withdrawals can strengthen bullish momentum by limiting downside liquidity.
LTHs take the wheel
LTH position change has soared past the 600,000 BTC mark for the first time since September 2024; an aggressive accumulation phase by investors with a long-term outlook. This move creates a sturdier market foundation.
Source: CryptoQuant
In contrast, STH activity has remained muted. These weaker hands — often prone to panic selling — are largely absent, further reducing downside volatility risk.
Are we entering Bitcoin’s next bullish leg?
With fewer coins sitting on exchanges and more in the hands of LTHs, the sell-side pressure appears limited. Institutional flows and ETF inflows remain steady in the background, adding further support.
While short-term volatility can’t be ruled out, the structural trends suggest that the path of least resistance is upward.
As accumulation continues and supply tightens, market conditions are aligning for a potentially extended bull cycle.
