Bitcoin News Today: Bitcoin's HODLing Surge and Exchange Exodus Signal $90K Push

Bitcoin's current record-low volatility has sparked speculation about a potential price rally, driven by shifting dynamics in exchange flows and technical indicators. Recent data shows a net outflow of Bitcoin from centralized exchanges, with platforms like Binance, Bybit, and Coinbase Pro experiencing significant withdrawals over the past 24 hours. This trend suggests reduced liquidity on exchanges and a shift toward private storage, a pattern historically associated with bullish market sentiment. Analysts note that such outflows often precede price increases as traders prioritize long-term holding over short-term trading .

Technical indicators further reinforce this narrative. The 90-day simple moving average (SMA) crossing above the 365-day SMA-a signal that has historically preceded major rallies-has reemerged. For instance, a similar crossover in 2023 led to a rapid price surge within days. Additionally, Bitcoin's US-based exchange transfer volumes are rising, reversing a post-2025 peak decline in US exchange dominance. This shift aligns with previous bull market cycles, where increased US exchange activity correlated with price gains .

Exchange reserve metrics also highlight a tightening supply. Bitcoin's stablecoin supply ratio (SSR) stands at 14.3, below 2021 levels, indicating undervaluation. Analysts argue that reduced exchange holdings-now at 2.43 million BTC compared to 3.4 million in 2021-reflect stronger HODLing behavior. This scarcity could amplify buying pressure, particularly as institutional purchases and ETF inflows continue to outpace miner production .

Key stakeholders, including whole coiners (holders of at least one BTC), are reinforcing this trend. Annual deposits into exchanges by this group have fallen to a cycle low, with Binance's wholecoiner inflows dropping from 11,500 BTC in 2023 to 7,000 BTC in 2025. This reduction underscores growing conviction in Bitcoin's long-term value and reduced selling pressure, factors that could drive further price appreciation .

However, risks remain. While technical indicators and exchange flows suggest a rally, regulatory developments and macroeconomic factors could disrupt this trajectory. Analysts caution that a breakout above $86,000 might trigger a pullback, with resistance zones posing potential bear traps. Nevertheless, the combination of declining exchange reserves, bullish technical signals, and sustained institutional demand positions Bitcoin for a potential surge toward $90,000 or higher in the near term .

Source: [1] Bitcoin Exodus: CEXs See 5,185 BTC Net Outflow in 24 Hours (https://en.coinotag.com/breakingnews/bitcoin-exodus-cexs-see-5185-btc-net-outflow-in-24-hours-binance-2030-77-btc-bybit-coinbase-pro-lead/) [2] Bitcoin Nets 2,365 BTC Inflow to CEXs (https://bitcoinethereumnews.com/bitcoin/bitcoin-nets-2365-btc-inflow-to-cexs-binance-tops-inflows-while-coinbase-pro-records-largest-outflow/) [3] Data: Bitcoin Withdrawal Slows Down (https://www.chaincatcher.com/en/article/2210580) [4] Bitcoin US vs. Offshore Exchange Ratio Flashes Bullish Signal (https://cointelegraph.com/news/bitcoin-us-vs-offshore-exchange-ratio-flashes-bullish-signal-hinting-at-btc-price-highs-in-2025) [5] Bitcoin Exchange Netflow Indicates Rally (https://www.coin-views.com/2025/09/bitcoin-exchange-netflow-indicates.html)