Bitcoin experiences significant exchange outflows, the highest in two years, as positive market sentiment returns following Donald Trump’s comments on tariffs. Data from CryptoQuant reveals that net flows have decreased significantly, indicating a shift towards accumulation rather than selling. Whale investors are active, buying thousands of BTC in anticipation of price gains, with Bitcoin’s price currently near $94,578.
Bitcoin is seeing a surge in positive sentiment, largely in response to Donald Trump’s announcement about reduced tariffs on China. This could signal an end to ongoing tariff conflicts that started in January 2025. In the midst of this shift, Bitcoin whales are getting active again, reportedly purchasing nearly 20,000 BTC. Exchange outflows have increased to a two-year high.
Recent data gathered from CryptoQuant, a platform that tracks on-chain activity, indicates that Bitcoin outflows from exchanges have reached levels unseen since February 2023. This conclusion is based on a 100-day moving average, showing a significant drop in netflows over the past year. The current figures are lower than those recorded in both 2025 and 2024, not to mention 2023 when the cryptocurrency market was still grappling with the fallout from the FTX collapse.
Low net flows typically indicate that investors are holding onto their Bitcoin rather than selling off their assets. As exchanges face a surge in withdrawals, many investors are choosing to stash their BTC in private wallets, likely in anticipation of future price increases. CryptoQuant noted this unprecedented outflow, suggesting it points to a re-accumulation phase among investors.
Bullish behaviour is evident as Bitcoin’s price appears to be responding to these dynamics. Data from Santiment reveals that the recent price increase, approximately 11%, might be attributed to large investors making significant purchases. Within just a week, those holding between 10 and 10,000 BTC collectively acquired over 19,000 more coins, indicating that these whales see the current price levels as undervalued.
As of the latest updates, Bitcoin’s price was hovering around $94,578, reflecting strong buying support from bulls in the market, suggesting a potentially promising outlook as these trends continue to develop.