Bitcoin Exchange Reserves, Tumataas habang Nag-deposito ang mga Seller ng 28,489 BTC sa Loob ng 45 Araw

Umakyat ang Bitcoin exchange reserves ng 28,489 BTC sa loob ng 45-day window mula kalagitnaan ng Enero hanggang huling bahagi ng Pebrero, na umabot sa 2.752 milyong BTC habang ang merkado ay nag-co-consolidate malapit sa ₱3,809,313 ($66,000).

On January 14, exchange reserves sat at 2.723 million BTC with a 30-day smoothed netflow of negative 1,187 BTC. By February 27, that netflow had flipped to positive 628 BTC—a swing that held for nearly four weeks straight. The shift crossed into positive territory on February 1 and peaked at 1,069 BTC in mid-February before settling at current levels.

Analyst Axel Adler said cumulative exchange netflows remain a critical constraint on the probability of sustained price expansion. Bitcoin rejected the ₱6,926,024 ($120,000)-to-₱7,503,193 ($130,000) region in recent weeks and has since lost the ₱5,194,518 ($90,000)-to-$95,000 zone that once served as structural support. That range has now flipped to resistance. Until reserves break decisively below the January 14 baseline of 2.723 million BTC, structural selling pressure remains embedded in the market, according to the analysis.

The 200-week moving average sits near $66,000, providing macro-level support for now. But bulls need to reclaim the mid-$80,000 region to restore a bullish structure, a task made harder by the sustained inflow of coins to trading platforms. Exchange reserves peaked locally in early February near 2.794 million BTC before pulling back slightly to current levels.

Until the 30-day smoothed netflow decisively flips back into negative territory, exchange-side pressure remains dominant and limits the probability of a durable bullish regime reestablishing itself. The current structural inflow rate averages 628 BTC per day, enough to keep bulls on the defensive as sellers continue to deposit coins onto platforms through February 27.