Short-Term Bitcoin Investors Deposit 61,000 BTC Into Exchanges Amid Price Surge

Short-term Bitcoin holders have deposited 61,000 BTC, worth approximately $4.5 billion, into centralized exchanges during a recent price surge, stalling the cryptocurrency’s rally just below $76,000.

This significant inflow, the highest since February, reflects profit-taking by investors who acquired their coins within the last 155 days. The surge in exchange deposits peaked at 11,000 BTC per hour, directly countering Bitcoin’s upward momentum despite the asset trading at $74,400, representing a 4% increase over the past week.

The deposited volume, valued at $4.5 billion, marks one of the largest single-day inflows from short-term holders in recent months. Market analysts note that such movements often signal a shift in sentiment among newer investors seeking to capitalize on price gains.

Meanwhile, XRP’s 30-day realized volatility has dropped to its lowest level since 2024, indicating reduced price fluctuation and potentially setting the stage for a sharp directional move in the near term. This contrast highlights divergent dynamics within the broader cryptocurrency market.

Regulatory tensions have intensified globally, particularly following incidents involving ‘wrench attacks’ and kidnappings targeting cryptocurrency holders. In France, government officials used Paris Blockchain Week to propose additional safety measures for individuals who own digital assets.

In the United States, lawmakers criticized CFTC Chair Michael Selig for stating he would continue to create rules for digital assets and prediction markets despite being the sole commissioner at the agency, a move critics argue weakens bipartisan oversight in financial regulation.

The Trump family’s World Liberty Financial also faced backlash over a controversial plan to lock up early investor tokens for extended periods, further contributing to market uncertainty and debate over investor protection in the crypto space.