The correction of the last market from Bitcoin has caused losses to sellers, but data on the series reveals the increasing confidence of investors as the stock market reserves continued to decrease. According to Cryptoquant data, Bitcoin on Exchangs fell steadily to February and early March, although prices fluctuated.
$ BTC The sellers realized the second biggest loss in this session last week.
The achieved losses exceeded a total of $ 800 million in the last collapse when considering data on the series, which only exceeded the Carry Trade Wrof in August. 😱 pic.twitter.com/czmnseibg
– Milesdeutscher March 5, 2025
Analyst Miles Deutscher highlighted that bitcoin sellers achieved the second largest loss in the current market tournament last week. According to the data, the total estimated losses exceeded $ 800 million during the recent decline in prices. This level of sales pressure was exceeded by the Japanese yen, which carries trade in August 2024.
“The BTC amount has been held on the stock exchanges during the past two weeks. This is a sign of confidence that investors have been buying the decline and the transfer of BTC to cold storage amid breakdown rates.”
The data appears clear for the lower translation in the exchange of bitcoin reserves
The Cryptoquant chart shows a clear trend in the exchange reserves, which reached about 2.475 million BTC in mid -February before declining to less than 2.46 million by early March. This movement occurred while the Bitcoin price fell from about $ 100,000 to about 84,000 dollars.
This pattern of the stock market reserves often shows the signs of accumulation by long -term holders who transfer bitcoin purchased to the portfolio of self -needs. When investors transmit encryption assets outside the stock exchanges, it usually indicates the intention to keep them instead of selling in the short term.
Some analysts draw similarities between current market conditions and historical patterns during presidential transformations. MAX CEO ARBITCOIN pointed out the similarities with the first quarter of 2017, when Donald Trump took office.
If we look closely at the first quarter, 2017 when Trump took office, we can go to a very similar play book this time …
The first 2-3 months of his presidency was only a seal and pain for $ BTC Crypto.
But then from April 1 to December 31, Price vertical went … pic.twitter.com/cdnbtzxey
– Max (MaxbeCusebtc) March 5, 2025
“If we look closely at the first quarter, 2017 when Trump took office for the first time, we may go to a very similar play this time .. He mentioned that the first two months to 3 months of his presidency was nothing but a seal and pain for BTC & Crypto. However, Max mentioned that he was from April 1 to December 31, Prais went vertical.
Technical analyst Rekt Capital Display An additional context about the Bitcoin market structure, indicating: “BTC Bitcoin has produced deviations on the downside in consecutive weeks so far. The price is only +4 % away from locating itself for a weekly period of the low range of 93500 dollars.”
Market correction comes in a period of organizational developments and changing feelings about encrypted currency. The Trump administration has expressed its support for the potential strategic bitcoin reserve, while organizational agencies reconsider the rules set by the previous administration.
