Bitcoin Bottom Signals Emerge? Five On-Chain Metrics Hint at Potential Bottom Formation

A key question on everyone's mind is: Is Bitcoin forming a bottom? Recently, multiple on-chain data points have presented rare, synchronized signals, suggesting that the price may be approaching a cyclical low.

Massive Bitcoin Exodus from Exchanges

On-chain data reveals that nearly 31,900 Bitcoins (approximately $3 billion) were withdrawn from trading platforms in a single day, marking one of the largest single-day net outflows this year.

This large-scale withdrawal behavior typically indicates that investors are transferring assets to personal wallets rather than preparing to sell. When exchange holdings consistently decline, it often signals that long-term holders are quietly accumulating during periods of low market sentiment, a typical characteristic of a value accumulation phase. Historical data shows that such large-scale outflows often coincide with market bottom areas.

Short-Term Holder Sell-Off Peaks

Another crucial data set comes from the behavior of short-term holders. Recently, over 27,000 Bitcoins were transferred to exchanges at a profit, the highest level in recent times. These coins were mostly purchased within the past week to month at a cost price of around $68,000.

Short-term traders typically react strongly to price fluctuations, and their concentrated selling often occurs during market panic. However, such behavior has historically been a sign of "capitulation," indicating that emotional traders have exited the market, clearing the way for a subsequent rebound.

Long-Term Holders Restart Buying Cycle

The behavior of long-term holders is considered the most reliable indicator for judging market bottoms. The latest on-chain tracking shows that the net buying volume of this group has risen to its highest level since July 2025, ending a nearly eight-month period of continuous selling.

This group typically consists of institutions and seasoned investors who are adept at continuously accumulating at low prices and gradually releasing at high prices. When they shift from net selling to net buying, it often indicates that the market is about to enter a macro accumulation phase, laying the foundation for the next major upward wave.

Cross-Exchange Flow Indicator Shows Golden Cross

An indicator called the "Cross-Exchange Flow Pulse" recently formed a "golden cross" pattern, a technical signal that has historically preceded strong Bitcoin rally cycles.

This signal usually appears after a long period of consolidation or re-accumulation, indicating that market participants are returning from high-leverage derivatives trading to spot holdings, reflecting a gradual recovery in confidence.

Number of Active On-Chain Addresses Steadily Rises

At the same time, the number of active addresses on the Bitcoin network has been steadily increasing over the past three weeks, indicating that actual usage and value transfer demand are recovering.

Although the price has not rebounded significantly, the increased participation at the basic network level provides support for a potential reversal. Taken together, these five major on-chain signals point to one possibility: Bitcoin's bottom structure is quietly taking shape.