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© 2026 The Markets Unplugged - Published with Ghost & Aspect

Bitcoin Exchange Outflows Surge While Stablecoin Supply Stalls: A Market Moving Without Hype

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    Bitcoin on-chain analysis, market cycles, and holder behaviour at The Markets Unplugged. Creator of Alt Sector Radar. Covers how on-chain signals map to cycle phases.
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  • April 22, 2025
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Bitcoin Exchange Outflows Surge While Stablecoin Supply Stalls: A Market Moving Without Hype
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Bitcoin has now broken above $90,000, but under the surface, it’s not retail euphoria driving the move. Instead, on-chain flows show a far more calculated development: significant BTC withdrawals from exchanges, with stablecoin issuance still flat. There’s no hype. No mania. Just disciplined capital stepping in — and doing so quietly.


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Bitcoin on-chain analysis, market cycles, and holder behaviour at The Markets Unplugged. Creator of Alt Sector Radar. Covers how on-chain signals map to cycle phases.
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