Over the past 118 days since January 1, 2025, Coinbase has recorded a total net outflow of 106,217 BTC.
During this period, Bitcoin’s price dropped from $106K to around $76K, marking a decline of approximately $30,000.
However, the key point is:
Despite the price decline, Bitcoin outflows from Coinbase have continued, indicating that some investors are buying Bitcoin regardless of price.
Recent inflows into Spot ETFs also support this trend.
Moreover, this could suggest that institutional players are continuing to accumulate Bitcoin.
📌 Conclusion
Short-term price volatility may continue.
However, the consistent Bitcoin outflows from Coinbase reinforce my long-term bullish outlook.
Written by burakkesmeci
