[Analysis] "Bitcoin Exchange Deposits Hit Record Low…Indicating Expectations for Further Rise"

Amid the short-term weakness shown by Bitcoin (BTC) following last week's Middle East war, investors have chosen accumulation over selling.

On the 16th (KST), Darkpost, a contributor to CryptoQuant, stated in a report that "the volume of Bitcoin deposits from both major and individual investors on Binance has reached a historic low," and analyzed that "this suggests investors are anticipating a further rise."

Darkpost explained, "The fact that Bitcoin deposit volume has hit a record low shows that investors are preferring to hold rather than sell," adding, "It is a positive sign for the market that both major and individual investors are employing the same strategy."

He continued, "In previous cycles, when both major and individual investors simultaneously took the same approach, Bitcoin hit a peak," further noting, "When the peak was reached, inflows from individual and large investors increased significantly."

He concluded, "The sharp decrease in inflows suggests that most investors are either waiting for clearer macroeconomic signals or are expecting a long-term rise in Bitcoin."