PANews reported on December 26 that according to Cointelegraph, CryptoQuant contributor Darkfost pointed out in an analysis report on December 25 that Binance's Bitcoin price recently fell to $98,990, and the reserve volume has fallen below 570,000, the lowest level since January this year. This change usually means that investors are actively transferring Bitcoin to cold wallets, showing optimism about the long-term price outlook. Looking back at the beginning of this year, Binance's Bitcoin reserves also fell to a similar level in January. In the following two months, the price of Bitcoin soared to an all-time high of $73,679 on March 13. Darkfost emphasized: "The emergence of a wave of withdrawals is often a signal that positive market momentum is building."