Over the past three years, approximately 1 million Bitcoin (BTC) has been withdrawn from crypto exchanges, reflecting a growing preference among investors to hold Bitcoin off-exchange. This trend indicates increasing recognition of Bitcoin as a financial asset and a strategy against market volatility. Notably, the withdrawals have reduced liquidity on exchanges, which can decrease selling pressure and support Bitcoin's price during market corrections. This behavior has also changed since the market matured, with investors now withdrawing after strong price rises rather than accumulating during bearish periods. BTC has recently experienced a rollercoaster ride, with a surge to a new all-time high followed by a slight retracement.



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