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Bitcoin Exchange Exodus: Investors Withdrew $24 Billion In BTC Over Last 8 Months

  • Bitcoin exchanges have experienced a significant outflow of BTC over the past eight months.
  • The Exchange Reserve, which tracks the total number of BTC in exchange wallets, has decreased by 400,000 BTC.
  • This trend indicates a potential shift towards long-term holding and accumulation of BTC by investors.
  • The decline in Exchange Reserve coincides with the approval of spot exchange-traded funds (ETFs) by the SEC.

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