According to BlockBeats, on February 5th, Coindesk analyst James Van Straten stated that the average price for Bitcoin (BTC) withdrawals from trading platforms in 2025 is currently $100356. At present, the trading price of Bitcoin is slightly below this level, hovering around $98000. When Bitcoin falls below the average withdrawal price for a prolonged period of time, people become concerned, which often leads to sustained selling and greater downward pressure on the price. From a historical perspective, this indicator has always been a strong support level for Bitcoin.
James Van Straten added that falling below this support level does not necessarily mean a bear market or sustained decline, as historically, Bitcoin has typically been able to quickly recover to this price level. However, currently over 2.6 million BTC are in a loss making state, and the longer the price remains below the average withdrawal level of 2025, the greater the possibility of further decline.