#BTC资金流动性 $BTC $ETH $BNB

Recently, this phenomenon is indeed worth pondering. The Ethereum holdings of a major exchange have hit a nearly nine-year low, and Bitcoin holdings have also dropped significantly.

But this doesn't necessarily mean that everyone is selling off and leaving the market. Conversely, it might indicate that funds are migrating — from exchanges to be staked, locked into cold wallets for long-term holdings, or incorporated into institutional strategic reserves. Behind this "liquidity disappearance," there is often a true change in market participants' attitudes. Veteran investors call this a "holding signal."

The question is: Is this a prelude to a bull market, or another trap of false optimism? Will we see a traditional rebound this year? All these are worth further observation.