Bitcoin withdrawals from exchanges have reached record levels, while ETFs continue to show growth, suggesting a renewed interest in cryptocurrencies.
Record Withdrawal Volumes
As of March 25, 2025, over 27,740 Bitcoins worth $2.4 billion were withdrawn from exchanges, marking the highest daily outflow since July 2024. A significant portion of these funds were withdrawn by large holders owning at least 1,000 BTC, signaling reduced selling pressure and potential accumulation, which is generally favorable for price increases.
ETFs Continue Inflow Streak
Since March 14, there has been a continuous flow of funds into spot Bitcoin ETFs, totaling $896.6 million over eight days. This trend is confirmed by experts like Santiment, highlighting the positive dynamics of funds in crypto ETFs, reflecting growing interest from institutional investors.
Bitcoin's Price Trend Amid Changes
Bitcoin's price is around the key level of $88,265, and to continue its growth, the rate must consolidate above the 20-week exponential moving average. Analysts emphasize the importance of overcoming this line, which has previously led to significant Bitcoin price increases. Popular analyst Decode noted that this moving average is the most important level for Bitcoin right now.
Given the large volumes of Bitcoin withdrawals from exchanges and the active growth of interest in ETFs, the prospects for Bitcoin look promising. Certain levels will be crucial for determining the further trend.
