Bitcoin has encountered resistance at the $95,000 level and has remained in there for the past week. Swan analysts noted that some BTC is leaving exchanges for cold storage, which is bullish as it signals . However, a large portion is flowing into institutional custody, such as ETFs, fund administrators, and trading infrastructure. “The coins aren’t gone. They’re just moving upstream,” the analysts said before asking, “So why isn’s the price exploding?”Bitcoin Is Flying Off Exchanges, So Why Isn’t Price Going Up?

Source: Martin Young, 2025-05-02; https://cryptopotato.com/bitcoin-is-flying-off-exchanges-so-why-isnt-price-going-up/