Santiment reports over 403,000 Bitcoin moved off exchanges in the past year

Key Takeaways

  • Over 403,000 Bitcoin moved off exchanges between December 2024 and December 2025, reducing the proportion held on exchanges by 2%.
  • Declining Bitcoin exchange reserves may lower short-term selling pressure and could contribute to future price rallies.

Over 403,000 Bitcoin were withdrawn from crypto exchanges between December 7, 2024, and December 7, 2025, according to new data from Santiment.

The withdrawals have led to a 2% decrease in circulating Bitcoin supply on exchanges, which suggests investors are holding for the long term and is generally a positive sign for Bitcoin’s price.

Fewer coins on exchanges typically reduce the risk of a sudden large sell-off, which can push prices down. Historically, when more BTC is held off exchanges, it’s a positive signal for long-term price stability.

Bitcoin is bracing for more volatility ahead of the Fed meeting, trading near $91,000 as of now, according to CoinGecko.

As 2025 comes to an end, a number of analysts have revised their Bitcoin forecasts. Standard Chartered now expects the digital asset to finish the year around $100,000, down from its previous $200,000 projection.

Galaxy Digital has also lowered its 2025 year-end outlook to $120,000, down from a prior forecast of $185,000.

Source: https://cryptobriefing.com/bitcoin-exchange-reserves-decline/