CryptoQuant analysts have noted that the bitcoin reserves of the largest cryptocurrency exchange Binance have fallen to their lowest level since January 2024. According to their observations, investors have been consistently withdrawing cryptocurrency from the trading platform since August. Such behavior among market participants may indicate their belief in the prospects for further BTC growth.

The outflow of bitcoins from exchanges may suggest that investors are transferring coins to cold storage. This behavior indicates the unwillingness of market participants to part with their bitcoins.$SOL $DOGE $MOVE