Exchange Inflows Dry Up as Bitcoin Liquidity Tightens

[ed]

Bitcoin, Ether exchange inflows on Coinbase, Binance. Source: CryptoQuant
Bitcoin’s sideways price action is being matched by a sharp contraction in exchange liquidity. Data shows that seven-day inflows on Coinbase dropped from $21 billion in late November to $7.8 billion by Dec. 21, despite BTC trading near the same price level. Binance inflows also declined, though more moderately.

The slowdown suggests fewer traders are repositioning aggressively. Low deposits point to long-term holders staying put, while reduced withdrawals indicate that accumulation has also cooled. Together, these trends highlight a tightening liquidity environment beneath Bitcoin’s steady price.

[madtrader]

BTC sitting at 88k with nobody showing up feels kinda empty