Significant declines in exchange inflows and miner outflows have been recorded since November 2024. The amount of BTC moving to exchanges peaked at 98,748 BTC on November 25 and saw reductions in volume in December. Similarly, miner outflows dropped from 25,367 BTC on November 11 to 5,489 BTC by January 1, 2025.
To achieve a potential growth toward the 100,000 USD mark, analysts recommend increased daily trading volume for Bitcoin in January 2025. Additionally, renewed interest from traditional finance and institutional investors is indicated by inflows into Bitcoin exchange-traded funds, which show signs of recovery as the new year begins.