The post Bitcoin and Ethereum See Negative Net Position Changes as Investor Sentiment Shifts appeared on BitcoinEthereumNews.com.

Since 2023 began, Bitcoin ($BTC) and Ethereum ($ETH) have for the first time ever shown negative net position changes, with a combined total of -$3 billion over the past three days. This trend marks a pivotal moment for the two flagship cryptocurrencies, as their movement is supposedly indicative of a new phase in investor behavior and sentiment. In what is supposed to be leading us into 2024, recent downturns aside, the crypto space in general and Bitcoin’s grail-like prospects in particular seem less and less affected by the naysayers who keep saying this space is living on borrowed time. For the first time since 2023, #Bitcoin $BTC and #Ethereum $ETH show negative net position changes, totaling -$3 billion over the last three days. pic.twitter.com/XOO7x01Opd — Ali (@ali_charts) March 21, 2025 Bitcoin Sentiment Takes a Negative Turn In the past week, there has been a significant drop in the on-exchange balance of Bitcoin. Around 10,000 BTC have been moved off of exchanges. This is one of the signs—I would certainly consider it a major sign—of growing investor confidence. It seems our long-term holder base keeps on increasing as more and more SATs are taken off exchanges and stowed away for safekeeping. Around 10,000 #Bitcoin $BTC were moved off exchanges this week! Often a sign of growing investor confidence and long-term holding behavior. pic.twitter.com/8pH3uuVART — Ali (@ali_charts) March 21, 2025 But even as this sign was coming to light, or perhaps because this sign was coming to light, the vibe in the market has taken a turn for the worse. Bitcoin’s all-time high (ATH) last year sent investors into a state of euphoria and pushed the price of the cryptocurrency to levels that had never been seen before. Yet, in the aftermath of the ATH, unease has set in. It is now…

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Filed under: News - @ March 22, 2025 7:27 am