Bitcoin: Whale Deposits to Exchanges Turn Negative

Bitcoin whales have halted net deposits to exchanges after their summer run of positive flows lasted over three months, twice the length of any period since 2023, with the trend reversing in late August and staying negative since.

Price action at $86036.96 shows BTC inside the Bollinger bands, testing upper resistance at $86711.24 while the EMA50 at $84696.23 and EMA200 at $81462.71 act as stacked support; the MACD golden cross at 468.15 keeps the structure bullish and RSI at 61.34 leaves room before overbought conditions emerge. BTC price prediction models now factor reduced exchange inflows as a bullish signal, while traders monitor for any shift that could precede a crypto market crash or renewed accumulation phase.