According to on-chain data from #CryptoQuant large amounts of BTC have started to be withdrawn from exchanges - 24,000 $BTC BTC worth ~$1.8 billion have been withdrawn in the last 3 days.
Large withdrawals of BTC from exchanges signal a shift to private wallets, indicating potential investor optimism or security preferences.
This is a good signal for growth, since large players prefer not to sell, but to accumulate coins. Meanwhile, the buyer continues to put pressure on #BTC and the price is steadily growing.
