From Cointelegraph

June 11, 2025 5:38 pm:

Bitcoin onchain data reveals decreasing exchange and OTC balances, hinting at long-term accumulation and tightening supply. Despite low trading volumes, BTC price continues to climb. Exchange-held BTC drops as demand rises, signaling growing investor confidence. OTC desks also see shrinking reserves, setting the stage for a potential price surge. Funding rates turn negative as BTC price rises, indicating strong underlying demand and potential for further growth.

Read more at Cointelegraph: Big Bitcoin Price Move Likely as Liquidity and Supply Shrink