<ul data-eligibleForWebStory="false"><li>Bitcoin surged to a new all-time high of $113,923, driving the broader cryptocurrency market into a bullish momentum.</li><li>Despite the record price, Bitcoin holders continue to keep their coins off exchanges, signaling a belief in long-term performance.</li><li>Exchange reserves have decreased over the past few months, with a significant amount of BTC moving off exchanges, potentially causing a supply shock.</li><li>Analysts note a scarcity of Bitcoin on exchanges, with holders showing reluctance to sell, indicating a bullish trend favoring personal storage offline.</li></ul>

Bitcoin price hits new ATH near $114k but holders keep BTC off exchanges

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