Bitcoin Exchange Reserves Continue to Hit Historic Lows
$BTC continues to be withdrawn from centralized exchanges, suggesting growing interest from long-term holders.
Historically, outflows from exchanges indicate accumulation, as investors move their assets to cold storage rather than keeping them on trading platforms.
This on-chain trend may also reflect increased activity from whales and potential buying by institutional players, possibly even state-level entities, who prefer non-custodial storage to minimize exposure to centralized risks.

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