Bitcoin has been on a downtrend for the past two weeks and is currently trading around $93,750. Investors are moving their BTC from exchanges to their personal wallets. This could reduce the supply of BTC on exchanges, leading to price volatility. 📉

AxelAdlerJr from CryptoQuant noted that daily BTC investments on exchanges are at their lowest level since 2016. This suggests that investors are choosing to hold their BTC rather than sell. Let’s see how this trend will affect the market. 🚀