According to the latest analysis based on on-chain data by CryptoQuant analyst Axel Adler Jr., the number of Bitcoin deposit addresses in exchanges has significantly dropped to around 25,000, marking a new historical low. This phenomenon is interpreted as an indication of a shift in investor behavior patterns within the market, potentially signaling positive expectations for Bitcoin's future value. The analysis points out that the number of addresses preparing to sell Bitcoin has decreased, reflecting investors' behavior of holding onto assets due to expectations of price increases. From the perspective of behavioral economics, this trend demonstrates enhanced confidence among investors in the cryptocurrency sector. Analysts speculate that this adjustment in strategy may be related to external factors such as increased institutional investment in cryptocurrencies. Additionally, the decline in willingness to sell could lead to a reduction in the supply of Bitcoin in the market, thus supporting price increases when demand remains stable or grows, and becoming a positive signal in the market.