According to Glass node data #Bitcoin outflows from exchanges have surged significantly over the past 48 hours. This spike in outflows indicates that investors are likely transferring their Bitcoin to cold storage which suggests a strong holding sentiment among market participants. Such behavior often reflects a positive long term outlook as investors may be positioning themselves for future price appreciation rather than engaging in short term trading. This trend could signal increasing confidence in Bitcoin’s value as more investors opt to secure their assets away from exchanges.

$BTC #CryptoAMA

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