$BNB

According to CryptoQuant data, Binance's Bitcoin reserves have recently fallen below 570,000, marking the lowest level since January. When exchange reserves decrease, it usually indicates that investors are transferring Bitcoin to cold wallets, showing confidence in the long-term price trend.

It is worth noting that Binance's Bitcoin reserves also dropped to similar levels in January, and two months later, on March 13, the price of Bitcoin surged by 90% to $73,679, setting a new record at that time. If Bitcoin follows the same pattern again, it is expected to reach $187,500 within a few months based on the current price.

CryptoQuant analysts point out that when a peak in withdrawals occurs, it is usually a sign that the market is accumulating positive momentum.