According to @ki_young_ju, Bitcoin long-term holders stopped selling, indicating a pause in distribution from older coins and an immediate reduction in sell pressure from the LTH cohort, which is a trading-relevant on-chain signal for BTC supply dynamics. Source: @ki_young_ju on X, Dec 30, 2025. For trading, this points to tighter spot supply conditions; monitor BTC spot premiums versus USD, futures basis, and perpetual funding rates for confirmation of buy-side dominance and reduced structural outflows from long-term holders. Source: @ki_young_ju on X, Dec 30, 2025.

According to @Andre_Dragosch, Coinbase is seeing "crazy" BTC exchange net outflows that point to a massive demand overhang and an unfolding supply deficit on the venue (source: @Andre_Dragosch on X, Oct 29, 2025). He adds that BTC looks like a "coiled spring," underscoring the trading relevance of tightening spot supply on Coinbase for Bitcoin price action (source: @Andre_Dragosch on X, Oct 29, 2025).