On-chain flows hint at longer-term accumulation despite near-term weakness

Santiment data cited by Tribune India indicates roughly 400,000 BTC have left exchanges over the past year, cutting exchange balances from about 1.8M. Commentators frame this as consistent with long-horizon accumulation and expectations for a more constructive setup into 2026, even as near-term forecasts like Standard Chartered’s trim year-end targets to $100K.