BTC Supply Movement

Definition ∞ BTC supply movement describes the transfer of Bitcoin between different addresses on the blockchain, reflecting changes in asset distribution and holder behavior. This includes transactions from mining rewards, exchanges, or long-term storage wallets. Analyzing these movements provides insight into market sentiment and potential future price action.
Context ∞ Reports on BTC supply movement frequently appear in cryptocurrency news, offering valuable on-chain analytics for market participants. Significant transfers from dormant wallets or to exchange platforms often suggest shifts in holder conviction or preparations for selling. Conversely, movements into cold storage may signal accumulation. Traders and analysts monitor these metrics to gauge overall market liquidity and investor confidence in Bitcoin.