Recent data indicates an unusual calm in the crypto market despite record Bitcoin prices. Investor caution raises questions about the future of the market.
Bitcoin at the Peaks, But Few Sales
Bitcoin has reached record prices, but this has not led to the expected surge in sales. According to CryptoQuant, Bitcoin inflows to exchanges have fallen to 18,000 BTC per day, a historically low level since 2015.
"Despite all-time highs reached this week, daily inflows to trading platforms are at a more than decade-long low," the on-chain analytics firm's report states.
Calm Among Ethereum and XRP
The trend observed in Bitcoin is not an exception. Data published by CryptoQuant shows that Ethereum, the second-largest crypto by market cap, is also experiencing a sharp decline in inflows to exchanges. "Daily Ethereum inflows have dropped to 584,000 ETH, the lowest level since October 2024," the report highlights.
XRP follows the same trajectory, with large transfers to platforms plummeting from 1.1 billion XRP in February 2025 to only 169 million today, an 85% drop.
New Trend in Investor Behavior in Crypto Market
The overall withdrawal of selling activity, combined with high price levels, could signal a shift in market participant behavior. Investors appear more inclined to hold assets or redeploy capital into staking and decentralized finance. This new direction in behavior raises the question of whether it reflects confidence in the fundamentals or foreshadows a more severe correction once certain psychological thresholds are crossed.
The calm in the crypto market and low selling activity at Bitcoin's record prices suggest a possible shift in investor sentiment. Monitoring future developments will be crucial.