Bitcoin Supply Transfer

Definition ∞ Bitcoin Supply Transfer refers to the movement of Bitcoin from one address to another on the blockchain, representing a change in ownership or control of the digital asset. Each transfer is recorded as a transaction, validated by network participants, and added to a block. This process is fundamental to the functionality and utility of the Bitcoin network, enabling value exchange.
Context ∞ Bitcoin supply transfers are closely monitored by market analysts to gauge investor sentiment and market activity. Significant movements, especially from long-term holding addresses to exchanges, can signal potential selling pressure or shifts in market dynamics. Understanding these transfer patterns is crucial for interpreting Bitcoin’s price action and broader market trends.