CoinSignals

Analysts note that an increasing portion of Bitcoin is now being held within exchange-traded funds and corporate treasuries rather than on centralized trading platforms.

Data from crypto market analyst Dark Fost shows that Bitcoin reserves on exchanges have steadily declined since 2022, returning to levels last observed in 2019. This trend has intensified following the collapse of the FTX exchange, which prompted investors to rethink the safety of keeping assets on centralized platforms.

Migration of Bitcoin Supply

In November 2022 alone, over 325,000 BTC were withdrawn from exchange reserves as investors moved their coins to private wallets. The continued outflow has reduced the total Bitcoin reserves accessible on retail-friendly exchanges to approximately 2.7 million BTC.

Among these exchanges, Binance accounts for roughly 20 percent of the remaining supply. When platforms mainly used by institutional investors are considered, Coinbase Advanced emerges as the leader, holding close to 800,000 BTC. Despite this, the figure is still around 200,000 BTC lower than what was recorded in July 2025, highlighting a significant reduction over time.

Dark Fost explained that while the FTX collapse was a major catalyst encouraging investors to shift their assets off exchanges, two additional developments have reinforced this trend. The first is the introduction of spot Bitcoin exchange-traded funds in January 2024. At that time, exchange reserves were still above 3.2 million BTC. Since the launch of these ETFs, they have accumulated around 1.3 million BTC, equivalent to roughly 6.7 percent of the total Bitcoin supply, effectively removing this portion from liquid exchange availability.

The second contributing factor is the growth of digital asset treasury companies, or DATs, which hold Bitcoin as a reserve asset. Collectively, these firms now control about 1.1 million BTC, representing nearly 5 percent of the total supply. Both ETF holdings and corporate treasuries are therefore taking an increasingly large share of the Bitcoin supply and represent structured storage outside of traditional exchange liquidity.

Dark Fost emphasized that this shift in supply could have long-term implications for market liquidity and price formation, though these structural effects generally take time to fully manifest.

Geopolitical Tensions Impact Market Activity

Amid these changes in Bitcoin supply, the cryptocurrency faced pressure in early March as investors remained focused on escalating geopolitical tensions in the Middle East. Bitcoin recently failed to break above $70,000, with the ongoing US-Iran conflict contributing to overall market uncertainty.

Despite this pullback, crypto analyst Michaël van de Poppe noted that Bitcoin’s current trading activity does not signal a worst-case scenario. In his latest post on X, he highlighted that BTC continues to move within a defined range but maintains relatively strong performance given the market conditions. He also pointed out that oil prices surged by approximately 15 percent on Monday to reach their highest levels since 2022, while gold and other commodities declined, and the Nasdaq experienced notable losses.

Van de Poppe added that if the US stock market opens higher and oil prices begin to correct, Bitcoin could regain momentum and push back toward the $70,000 level, suggesting that the current weakness is temporary and largely driven by external market factors rather than a breakdown in Bitcoin’s underlying demand.#crypto #crypronews https://t.me/coinsignalpublic https://coinsignals.net

After a day of volatile trading triggered by fast evolving events in the Middle East, Bitcoin briefly approached $70,000 as former President Trump commented on the war and the situation in the Strait of Hormuz.

His remarks caused ripples across financial markets, particularly in oil, where WTI Crude Oil contracts fell below $90 per barrel after earlier surging to $120.

Trump’s statement that the conflict is nearly over comes at a notable moment, as Iran recently appointed a new Supreme Leader, Mojtaba Khamenei, son of the former leader. Trump expressed strong disapproval of the appointment, calling it a serious mistake.

Meanwhile, reports continue that several regional countries, including the UAE and Turkey, are intercepting additional drones and missiles launched from Iran.

Addressing the broader situation, Trump also mentioned that the United States is considering controlling the Strait of Hormuz, which has effectively been closed for days, limiting the transport of goods, primarily oil.

Following Trump’s comments, oil prices dropped sharply after reaching a multi-year high earlier in the day. At the same time, gold and the S&P 500 saw gains, with gold touching $5,140 per ounce and the S&P 500 climbing above 6,800 points.

Bitcoin surged from $68,000 to $69,600 on Bitstamp but pulled back and now trades around $69,000. Ethereum surpassed the $2,000 mark, while Solana is trading above $85.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Short term Bitcoin holders continue to realize losses as on chain data reveals persistent selling pressure throughout most of the past week.

Recent analysis from Axel Adler Jr. shows that the Short Term Holder Spent Output Profit Ratio, known as STH SOPR, remained below the neutral level of 1.0 for seven out of the eight days between March 2 and March 9. This metric measures whether coins held for less than 155 days are sold at a profit or a loss.

When the indicator stays below 1.0 it means investors are selling their coins at prices lower than what they originally paid.

Weak Hands Continue to Sell

By March 9 the intraday average STH SOPR was recorded at 0.987. Only six out of 35 monitored blocks, which represents about 17 percent, closed above the 1.0 mark. The seven day moving average remained close to 0.992, indicating that short term holders have been consistently selling at a loss for several days rather than during a single event.

During this period the metric rose above 1.0 only once on March 4. At that time Bitcoin briefly climbed to $74,000 before quickly returning to a phase where investors continued selling at a loss. The lowest weekly reading appeared on March 6 at 0.979, while March 8 recorded 0.991. Both figures show that most transactions from this group were completed below their purchase price.

Adler explained that a clear shift in market conditions would likely appear when the STH SOPR closes above 1.0 for several consecutive days while prices continue rising.

Signs of Capitulation

Adler also analyzed changes in the total supply held by short term investors. Over the last two weeks the amount of Bitcoin held by this group dropped from around 6.06 million BTC to roughly 5.92 million BTC. This indicates that approximately 140,000 BTC has left the short term holder category.

This decline may represent capitulation through realized losses or the gradual transition of coins into long term holder status once they pass the 155 day holding period.

During the same timeframe the average realized price for this group remained close to $89,028 while the market price traded near $67,000. The difference represents an unrealized loss of about 24 percent for the typical short term holder.

Adler noted that the gap between the realized price and the current market price creates structural supply pressure. As Bitcoin prices recover, some investors who bought at higher levels may use rallies as opportunities to exit their positions without losses. This behavior could introduce additional supply into the market and weaken upward momentum.

Together these indicators suggest an ongoing process of market cleansing in which the most price sensitive participants gradually exit through selling pressure rather than through a recovery in profitability.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

BitMine, the former Bitcoin mining company chaired by Tom Lee, has continued its aggressive Ethereum accumulation with another large purchase.

The company recently added 60,976 ETH to its holdings in a deal valued at nearly $123 million. This latest acquisition increases BitMine’s total Ethereum holdings to 4,535,563 ETH, which is worth more than $9 billion at current market prices. However, the firm’s average purchase price remains above $3,700 per coin, meaning it is still holding unrealized losses worth several billion dollars.

Beyond its Ethereum holdings, the company controls about 3.76 percent of the total Ethereum supply. BitMine also owns 195 Bitcoin, maintains a $200 million investment in Beast Industries, holds a $14 million stake in Eightco Holdings, and has cash reserves totaling $1.2 billion.

Tom Lee noted that Ethereum prices showed resilience this week despite growing war related concerns and rising oil prices. He stated that the company believes the crypto market is in the late or final phase of what it describes as a mini crypto winter. According to Lee, this view aligns with the analysis of BitMine adviser Tom DeMark of DeMark Analytics.

DeMark’s analysis suggests that Ethereum’s price movement in 2026 closely mirrors the behavior of the S&P 500 during the fall of 2011 and the fall of 1987.

Lee explained that the correlation between Ethereum’s current trend and those historical market patterns stands at 89 percent for 2011 and 93 percent for 1987. If the pattern continues to follow these historical examples, Ethereum could reach a bottom sometime this week below $1,750, which would match the expected structure of the final stage of the mini crypto winter.

Based on this outlook, Lee said BitMine plans to continue increasing the pace of its Ethereum accumulation slightly.

In recent hours, Ethereum has recovered following the intense market volatility triggered by developments in the Middle East. The asset is now trading just above the key $2,000 level. However, its breakout attempt last week stopped at around $2,200, and it has not been able to return to those levels since then.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Investment products linked to digital assets recorded net inflows of $619 million last week. According to CoinShares, the data suggests that the market initially reacted positively to the Iran crisis. During the first three days of the week alone, inflows reached $1.44 billion, showing early investor optimism.

However, sentiment weakened toward the end of the week as $829 million exited the market on Thursday and Friday. These outflows occurred even though payroll data came in much weaker than expected, which would normally provide support for risk based assets.

Geopolitical Tensions Influence Weekly Performance

Higher oil prices offset any potential drop in inflation that could have resulted from weak labor market data. Despite the withdrawals at the end of the week, overall flows still indicate that investor sentiment toward digital asset investment products remained generally positive amid ongoing geopolitical tensions.

The latest Digital Asset Fund Flows Weekly Report from CoinShares revealed that Bitcoin received the largest portion of investor allocations, with $521 million flowing into related investment products. Even so, sentiment around the asset remained mixed as short Bitcoin investment products attracted $11.4 million in fresh capital.

Among alternative cryptocurrencies, Ethereum recorded the highest inflows with $88.5 million, followed by Solana with $14.6 million. Smaller inflows were also seen in Uniswap and Chainlink, which each attracted $1.4 million. Multi asset investment products received $5.4 million during the same period. In contrast, XRP experienced outflows totaling $30.3 million from funds connected to the token.

Most of the positive investment activity came from the United States, where digital asset products recorded $646 million in inflows. Other regions showed weaker sentiment. Europe saw $23.8 million leave the market, while Asia and Canada recorded outflows of $2.2 million and $3.6 million respectively.

Traders Prepare for Continued Volatility

Bitcoin remained relatively stable even as tensions involving Iran pushed oil prices above $115 and created pressure across global markets. Concerns about possible supply disruptions through the Strait of Hormuz and growing instability in the Middle East placed pressure on global equities and pushed the VIX index above 29.

Despite these conditions, analysts at QCP Capital noted that Bitcoin has performed more resiliently than many other risk based assets, which is a pattern the crypto market has not seen in some time. Activity in the options market also indicates that traders are less worried about another steep decline compared to the initial shock seen last week.

Although traders are still maintaining downside protection, particularly through short term options with strike prices between $61,000 and $64,000, market flows suggest that investors are preparing for continued volatility rather than expecting a sustained one direction decline.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Michael Saylor’s company Strategy has revealed another major Bitcoin purchase.

Strategy, recognized as the largest corporate holder of Bitcoin in the world, announced that it recently acquired Bitcoin valued at about $1.28 billion.

The company purchased 17,994 BTC at an average price of $70,946 per coin. This large acquisition may have contributed to the price surge observed in the market last week.

Following this latest purchase, Strategy’s total Bitcoin holdings have reached 738,731 BTC. The company accumulated this amount at a total cost of roughly $56 billion, with an average purchase price of $75,862 per Bitcoin.

Opinions within the industry remain divided regarding the company’s strategy. Some analysts and market observers have criticized the approach of relying on company shares to fund large scale Bitcoin purchases.

Despite the aggressive accumulation strategy, Strategy is currently facing an unrealized loss of around $6 billion as Bitcoin prices experienced significant volatility today.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Kraken will collaborate with Nasdaq to bring tokenized equities to the market.

Payward, the infrastructure company behind the US based crypto exchange Kraken, has announced a partnership with Nasdaq. The collaboration is focused on developing tokenized equities and strengthening the connection between traditional financial markets and blockchain powered systems.

This development reflects a broader push within the financial industry to modernize market infrastructure. As previously reported, the crypto sector recently played a leading role in global markets following the US strike on Iran. 

Kraken’s tokenized equity product called xStocks will provide the permissionless infrastructure layer that will support issuer sponsored equity tokens on Nasdaq.

Tokenized stocks along with commodities such as gold, silver, and more recently crude oil have become a major topic in financial markets. Crypto enabled trading platforms allow these assets to be traded around the clock, unlike many traditional exchanges that operate within limited hours.

According to the official announcement, the initiative will build on the growing adoption of xStocks, which has already recorded more than 25 billion dollars in total transaction volume.  In this partnership, Kraken will serve as a distribution partner.

Arjun Sethi, co chief executive officer of Payward and Kraken, explained that tokenization improves market infrastructure at the asset level by turning equities into programmable financial instruments that can function across regulated capital markets as well as open blockchain networks. He also noted that most equities today remain inside brokerage systems where their use is largely limited to simple price exposure and certain broker specific margin arrangements.

The partnership signals the continued institutional expansion of the crypto industry and a growing shift toward integrating traditional equities and commodities into blockchain based systems. It also highlights Kraken’s aggressive move into this space as the company continues to accelerate its involvement in the evolving tokenization landscape.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

TAO has emerged as the top gainer today, while the PI token from Pi Network continues its dramatic and unpredictable movement.

Bitcoin’s Price Movement

Bitcoin experienced renewed volatility over the past 24 hours. The price fell to around $65,500 before climbing to $68,500. However, the rally was short lived as the price was rejected again following new developments related to the conflict in the Middle East and ongoing fluctuations in oil prices.

Ethereum is once again testing the important $2,000 level, while mid cap altcoins such as HASH and STABLE have recorded notable declines.

Bitcoin’s Recent Journey

After falling from $67,000 to $63,000 on February 28 when attacks in the Middle East began, Bitcoin staged a strong recovery and surged to $74,000 last Wednesday. This marked a rapid gain of about $11,000 within a few days. Considering the uncertain global environment, such a sharp rise was widely expected to be followed by a correction.

In the days that followed, sellers regained control of the market and pushed Bitcoin down to around $68,000 by Friday and Saturday. Although the weekend showed less volatility compared to the previous one, Bitcoin still experienced some price swings on Sunday evening when traditional futures markets reopened.

After Israel carried out strikes on several Iranian oil facilities, oil prices surged this morning and reached a new multi year high of $120 per barrel. Reports later suggested that G7 countries might release 400 million barrels of oil into the market. This news pushed USOIL below $96,000 before it recovered to about $102 at the time of writing.

Amid these developments, Bitcoin dropped to $65,500, quickly rebounded to $68,500, and then settled around $67,500 within a few hours. Its market capitalization has returned to about $1.35 trillion, while its dominance over alternative cryptocurrencies stands at 56.5 percent according to CoinGecko.

Ethereum Tries to Reclaim $2,000

The largest altcoin rose to $2,200 last Wednesday but faced strong resistance and dropped to just above $1,900 a few days later. It has since recovered slightly and is once again attempting to break above $2,000, though the momentum behind the move appears weak.

BNB, SOL, HYPE, XMR, and LINK have recorded small daily gains. Meanwhile XRP, TRX, DOGE, ADA, and BCH are trading lower. Among the larger market cap altcoins, CC has suffered the biggest decline, while TAO has surged nearly 10 percent to reach $195.

The PI token from Pi Network continues to show strong volatility. After falling to $0.20 yesterday, it has climbed about 5 percent today to trade above $0.21.

Overall, the total cryptocurrency market capitalization has remained mostly stable and currently sits just under $2.4 trillion according to CoinGecko.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

New data from the on chain analytics platform Glassnode reveals that a large portion of XRP investors are currently holding the asset at a loss. According to the report published on March 8, around 36.8 billion XRP are now underwater. This represents close to 60 percent of the cryptocurrency’s circulating supply and equals approximately 50.8 billion dollars in unrealized losses.

The figures reflect the scale of the recent price decline as XRP trades near 1.34 dollars. The asset is currently more than 63 percent below its all time high of 3.65 dollars reached in July 2025.

Data Reveals Significant Unrealized Losses

The unrealized profit and loss indicator compares the current market price of an asset with the price at which each token last moved on the blockchain. Instead of simply counting how many coins are above or below the current market value, the metric evaluates the cost basis of every coin. Analysts frequently rely on this measurement to understand investor sentiment throughout different phases of market cycles.

XRP has shown weak performance across several timeframes. The cryptocurrency declined by about 0.5 percent over the past week, fell 7.1 percent during the past month, and has dropped more than 42 percent over the past year.

Because of this extended downturn, most XRP holders are now sitting on paper losses totaling about 50.8 billion dollars. Such conditions can create selling pressure if prices begin to recover toward the levels where investors originally purchased their tokens.

Earlier attempts to push the price higher were rejected near the 1.45 dollar level. This rejection occurred during a week when United States based XRP exchange traded funds experienced net withdrawals. On March 6 alone, about 16.62 million dollars left these investment products, marking the largest daily outflow since late January.

Derivatives Trading Activity Increases

Despite the widespread unrealized losses among holders, derivatives trading activity has increased across several exchanges. Data from CoinGlass shows that XRP futures trading volume on BitMEX surged by more than 7000 percent to roughly 49 million dollars. The spike suggests that traders may be using greater leverage while waiting for a clearer market direction.

Meanwhile, Binance recorded around 733 million dollars in XRP futures trading volume within the past twenty four hours. Other platforms such as Bybit and OKX also reported substantial derivatives activity.

At the same time, some indicators suggest that spot market activity has slowed. Data shared by the analytics account Arab Chain shows that Binance’s thirty day volume Z Score is around negative 1.16, indicating that current daily trading volumes remain below the recent average.

Analysts Offer Mixed Outlook

Market commentary on the social platform X reflects divided opinions about XRP’s next move. Crypto analyst EGRAG Crypto noted that the asset often goes through cycles that include price declines followed by long periods of consolidation before a new expansion phase begins. The analyst described the current situation as a potential phase of time based capitulation, where investor sentiment resets during prolonged sideways movement.

Other analysts remain cautious about the short term outlook. Some forecasts suggest that XRP could fall below the one dollar level again, with one projection identifying a possible support zone near 0.90 dollars if the downward trend that began in mid 2025 continues.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Oil prices declined sharply after reports suggested that members of the Group of Seven may release up to 400 million barrels from their strategic reserves.

Global markets have experienced intense volatility over the past week as tensions continue in the conflict involving Iran, United States, and Israel. The military situation has triggered wider geopolitical and economic concerns, with several countries already facing the effects.

Earlier, crude oil prices had surged on Sunday evening and nearly reached 120 dollars per barrel. The sudden spike created strong volatility across financial markets, including stock futures and cryptocurrencies, both of which moved lower during the rally. However, new developments have begun to change market direction.

New Reports Push Oil Prices Lower

According to a report from the Financial Times, G7 nations are expected to discuss a coordinated release of oil reserves during an emergency meeting scheduled for Monday. Sources familiar with the situation indicated that the call was planned for about 13:30 CET and was initiated by France.

Following the news, oil prices in the United States dropped rapidly and fell to around 101 dollars per barrel within a few hours.

Market analysts from The Kobeissi Letter commented that United States oil prices were attempting one of the largest reversals seen in recent history. Prices moved closer to 100 dollars per barrel while remaining about 12 percent higher on the day, although more than half of the earlier gains had already disappeared.

Meanwhile, United States President Donald Trump addressed the spike in oil prices and suggested that the increase would be temporary. He said the surge should decline once concerns about Iran’s nuclear threat are resolved, adding that the short term rise in prices is a small cost compared with the broader goal of maintaining global security and stability.

Bitcoin Attempts a Price Recovery

The cryptocurrency market also reacted to the developments. After dropping to an intraday low near 65,600 dollars, Bitcoin began a modest recovery and was trading around 67,400 dollars. The digital asset briefly climbed toward 68,000 dollars, although buyers were unable to maintain the upward move.

Oil prices often influence broader financial markets, including cryptocurrencies. Because digital assets are typically viewed as higher risk investments, they tend to react negatively during periods of economic uncertainty and geopolitical tension.

At the time of writing, the total cryptocurrency market value stood at approximately 2.38 trillion dollars, reflecting a slight increase of about 0.2 percent over the previous twenty four hours, according to data from CoinGecko. #crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net