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Bitcoin investors are making significant moves ahead of the highly anticipated halving event, with recent reports indicating a substantial bitcoin withdrawal from centralized exchanges. This trend reflects a broader shift in investor sentiment and could potentially impact the future trajectory of the world’s leading digital asset.
Bitcoin Withdrawal: Decrease in Exchange Balances
Recent data reveals a steady decline in the supply of bitcoin on exchanges over the past few months. According to a report by prominent analyst Ali Martinez, approximately 111,000 BTC, valued at around $7.55 billion, have been moved out of known exchange wallets in the last month alone.
This significant…
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