Bitcoin Deposit Surge Cools as Market Shows Signs of Stabilizing

In Brief

• Exchange deposits dropped from 64K to 40K addresses, easing selling pressure on BTC.
• Whales accumulated 26,500 BTC ($2.8B) as price fell, signaling renewed long-term confidence.
• BTC trades below short-term holder price, a zone that often marks bullish reversals.

Bitcoin’s recent wave of exchange deposits appears to be fading after a spike that signaled profit-taking and market stress. On Tuesday, over 64,000 unique addresses sent BTC to Binance, marking the largest deposit activity since July 2025.

This surge coincided with a sharp correction from $124,000 to $107,000, as many traders likely moved assets to exit positions. However, inflows have since eased to around 40,000 addresses, suggesting a reduction in short-term selling pressure.

CryptoQuant data shows that the purple exchange inflow line peaked during the sell-off, historically linked to capitulation events. The cooling activity now indicates market stabilization near the $107,000–$110,000 support zone.

Bitcoin is currently trading at $106,345.78, down 0.46% over the past 24 hours and 4.57% over the past week. Despite the short-term decline, decreasing deposit activity may reflect improving sentiment and reduced panic selling.

Whale Accumulation and Realized Price Signal Upside Potential

At the same time, accumulation addresses have seen a sharp rise in inflows, with over 26,500 BTC added worth approximately $2.8 billion. These purchases align with Bitcoin’s price decline, pointing to large holders buying during market fear.

CryptoQuant’s blue whale inflow line spiked as the price dropped, indicating strategic accumulation rather than broad market panic. Such patterns have historically occurred near local bottoms, often preceding upward momentum.

Meanwhile, Bitcoin has dipped just below the Short-Term Holder Realized Price of $113,643, now trading around $113,115. According to Glassnode data, past breaks below this level often marked strong buying zones before major rallies.

Long-Term Holder Realized Price remains steady at $36,786, showing continued confidence among seasoned investors. Together, these indicators suggest the current dip could mark a consolidation phase before Bitcoin’s next potential breakout.