Bitcoin reached a new all-time high above $82,000 on November 11, 2024.
Over 40,000 BTC valued at nearly $3.28 billion have left exchanges in the past week.
The bullish sentiment in the market, along with catalysts like Donald Trump's US election victory and interest rate cuts, has contributed to the surge in Bitcoin's price.
BTC price forecasts suggest a potential surge to $100,000 before the end of the year.