Bitcoin continues to hit all-time highs, while withdrawals from Binance remain consistent, despite BTC price surpassing $100K.

This trend, which began in early November, shows no signs of slowing down.

As a result, Binance’s Bitcoin reserves have been steadily decreasing since August, with the withdrawal rate increasing significantly since November.

These withdrawals reflect strong investor confidence, as holders appear to be choosing to secure their BTC in private wallets, signaling an intention to hold for the long term, potentially anticipating further price increases.