<ul><li>Investors are withdrawing massive amounts of BTC from exchanges, signaling growing conviction in BTC as a long-term store of value.</li><li>Over half a million BTC has been withdrawn from exchanges within a year, reflecting a shift towards securing assets in long-term wallets and cold storage.</li><li>As the Bitcoin supply on exchanges shrinks, the price has been climbing due to fewer coins available to sell and increased demand from new buyers.</li><li>The ongoing accumulation of BTC off exchanges could lead to a further price surge, indicating a shift towards Bitcoin as a macroeconomic hedge and 'digital gold.'</li></ul>

Bitcoin Supply Dries Up on Exchanges as $110,000 Rally Builds

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