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Over 400,000 BTC withdrawn from exchanges in a year
A year ago, there were about 1.8 million bitcoins on crypto exchanges, but during this time, 403,000 BTC have been withdrawn, according to Santiment.
💼 Users are actively transferring BTC to cold wallets for storage.
Analysts consider this a good sign: the fewer coins on exchanges, the lower the likelihood of a major sell-off.
$BTC