Glassnode co-founder: BTC exchange balance shows bullish sentiment

ChainCatcher news, according to glassnode co-founder Negentropic on social media, BTC trading balances show bullish sentiment. At the end of last year, the amount of BTC entering exchanges (possibly for sale or collateral) increased, but this trend reversed in 2025. Significant outflows of funds from exchanges (such as Binance) indicate that buyers are withdrawing BTC to cold storage, suggesting mid-term HODL intentions.