In a dramatic turn of events, over $1 billion worth of Bitcoin has been pulled from cryptocurrency exchanges within the past week. This massive withdrawal suggests that investors are either preparing for a significant market shift or accumulating Bitcoin in anticipation of future price movements.
A Surge of Withdrawals
Recent data from Into The Block reveals a striking trend: more than 16,500 Bitcoin, totaling approximately $1.01 billion, left centralized exchanges over the past seven days.·
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