According to @glassnode : #Bitcoin is seeing the largest depletion of liquidity since years.
In the past 30 days, around 270,000 BTC moved to entities considered HODLers.
The good about the largest depletion of liquidity is that they not only represent withdrawals from popular platforms, but the entities that withdraw are considered entities that invest in the long term at least.
https://studio.glassnode.com/metrics?a=BTC&category=Supply&m=supply.LiquidChangeAccording to the plan, the last liquidity shortfall of such a magnitude was in 2016.
The most important point is the increase in demand, or at least the continuation of the current demand, so that there is an increase in the price, which seems to be growing.
As long we do see a sign that demand is growing then it should really be enough in spite on seeing those depletion and to know that they are just normal part of a healthy market
even though telling that those who withdraw are long term investors then no one can tell but rather it would be evident basing off into those money that do flow once again in a particular time.
Bitcoin market had been like this where due to technicals we can able to spot out the differences and tracks on where and whats the progress when it comes into its
value after all the years.