Bitcoin recently shattered its all-time high, but surprisingly, selling pressure remains remarkably low. According to CryptoQuant, exchange inflows have plummeted to levels not seen since 2015, with daily inflows averaging only 18,000 BTC. This represents a staggering 78% decrease compared to the activity observed when Bitcoin first surpassed $10,000 in November 2024. This unusual phenomenon suggests that long-term holders are maintaining their positions, indicating strong confidence in Bitcoin's future prospects. The decreased exchange inflows signal a reduction in immediate selling interest, contributing to the current price stability despite the record-breaking surge. This analysis points towards a potentially sustainable rally driven by genuine demand rather than speculative trading. Further observation of exchange flow trends will be crucial in determining the longevity of this bull run. ```