Bitcoin, Ethereum Large Exchange Leaks Raise Bull Market Expectations

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Large-Bitcoin and Ethereum Exchange Outflows Continue, Increasing Likelihood of Bullish Market. Recently, Binance experienced an outflow of 3,090 BTC (approximately 46.18 billion won) in just one day, while Binance and Kraken saw 76,000TC and 170,ETHs withdrawn respectively.

The consistent cryptocurrency outflow from centralized exchanges reflects strong investor buying pressure. As coins stored on exchanges decrease, liquidity reduces, lowering the possibility of sudden selling, and creating an environment that could lead to price increases if demand continues.

According to the latest on-chain data from CryptoQuant, these movements are intertwindustry events such as Circle's IPO promotion and acquisition discussions surrounding Coinbase and Ripple.

There are also factors making market conditions more positive. Bitcoin's Market Value to Realized Value (MVRV) ratio is recording 2.33, significantly below the 2.75 that previously signaled large-scale adjustments. This indicates that Bitcoin has not yet entered an overheated state or large--taking phase.

<.traditionally the off-season for cryptocurrency markets. Excluding the 2022 crisis, the third quarter was generally the lowest trading volume period. However, according to Kaiko, 2025 is expected to show different pattern is due to various macroeconomic and regulatory events scheduled, including the Federal Reserve's policy meeting, Trump's July th tar iff deadline,,, of major cryptocurrency before bills before Congress's August recess.

These expectations are detected in the options market. The options June 27thiration are recording notable trading volumes at 110,,000 and 120,,,000 strike prices. traders are are not anticipating a quiet quarter quarter,, but rather preparing for potential volatility expansion and price increases.

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#BitcoinEthereeumExchangow-chainDataBullishMarket

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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