$BTC Stays Strong: On-Chain Data Indicates Continued Strength

🔹 Reserves on Exchanges (All CEXs):

The Bitcoin held on centralized exchanges fell by 2.88% last week—from 2.44M to 2.36M BTC. This constant outflow signals reduced selling pressure and growing investor confidence in BTC as a long-term store of value.

🔹 Realized Cap:

Bitcoin's Realized Capitalization has just reached a new all-time high of $934.88B, indicating sustained capital inflows and long-term accumulation.

🔹 Net Flow on Exchanges:

Net flows remain negative, confirming that more BTC is leaving exchanges than entering—another sign of accumulation and conviction among holders.

🔹 UTXO Value Bands:

Growth in multiple holding bands shows a healthy distribution among investors and broad resistance to selling, reinforcing the strength on the supply side.

The fundamentals remain bullish