Bitcoin Supply Hits 7-Year Low: Bull Run Ahead?

Bitcoin Profit Supply Nears 90% — Correction Risk?

Bitcoin is showing strong fundamental signals, driven by ETF inflows and a reduction in centralized exchange (CEX) supply. According to CryptoQuant, the amount of BTC held on exchanges has dropped to just 2.492 million — the lowest level in seven years. This trend suggests decreasing sell pressure, typically a bullish indicator for long-term price movement.

At the same time, over 85% of Bitcoin’s supply is currently in profit. However, analysts caution that if this figure climbs above 90%, the market could enter an “euphoric” phase, often followed by corrections. “Investors should remain cautious when profit levels approach historical extremes,” CryptoQuant noted.

Whales Accumulate as Capital Inflows Rise

Coinglass data highlights that over 56,000 BTC were withdrawn from CEX platforms in just one week, a sign of accumulation. Meanwhile, CoinShares reported $3.2 billion in capital inflows into Bitcoin investment products during the last week of April 2025. This influx of funds reinforces the bullish sentiment currently surrounding BTC.

Experts Eye $100K Breakout — And Beyond

Matrixport, a leading crypto services firm, stated in a recent report that Bitcoin is rapidly approaching a key resistance near $106,000. The firm believes BTC has strong momentum to break through this level, supported by new inflows and whale activity.

Renowned analyst Willy Woo added, “BTC fundamentals have turned bullish, not a bad setup to break all-time highs.”He also highlighted the formation of a bullish ascending triangle pattern.

Looking further ahead, ARK Invest projects a potential Bitcoin price of $2.4 million by 2030, driven by ETF adoption and institutional interest. This long-term forecast reflects growing confidence in BTC’s future upside.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.