Bitcoin’s Exchange Supply Rebounds 84% as Investors Flood Trading Platforms

TL;DR

• Santiment data shows roughly 28,000 BTC returned to exchanges between July 28 and August 16, recovering 84% of the coins withdrawn during the previous six-week period.
• Exchange balances reached about 1.332 million BTC as Bitcoin traded near $63,500, while U.S. spot ETF outflows added short-term pressure.
• The rebound increases available market liquidity but does not necessarily signal widespread selling or weaken Bitcoin’s longer-term supply dynamics.
  

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Bitcoin’s Exchange Supply is rebounding sharply after a six-week decline, with Santiment data showing roughly 28,000 BTC returning to trading platforms in less than three weeks. The shift gives traders more immediately available liquidity while Bitcoin remains near $63,500 and markets assess ETF flows and macroeconomic risks.

From June 12 through July 28, Bitcoin held on exchanges fell from about 1.337 million BTC to 1.304 million BTC, a reduction of roughly 33,000 coins, or 2.5%. By August 16, balances had recovered to around 1.332 million BTC, meaning about 84% of the earlier decline had been reversed.

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