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Exchange deposits and withdrawals thinning out together both running at roughly the same modest pace, among the quietest combined flows of the past three years.
Balances drifted higher off April trough but broadly flat since early July 💪.
Pattern reads less like distribution or accumulation and more like pure disinterest a classic signature of the quiet middle of a bear market.
With so little moving on-chain, minimal standing supply is positioned to absorb any sudden change in demand should one arrive ⚡️🎯👀
#Bitcoin #GateEventPointsSystemLaunched #GateStockInsightsChallenge $BTC