The price of Bitcoin dropped below the $100,000 level, leading to uncertainty for some investors but presenting a buying opportunity for others. Exchanges saw a record-breaking $2.12 billion outflow of Bitcoin in the past week, marking the largest weekly outflow of the year. This outflow typically occurs during bull markets as retail investors withdraw Bitcoin to self-custody. Binance had the largest individual outflow among exchanges, with nearly $1 billion leaving the platform. However, Coinbase saw a significant inflow of $422 million in Bitcoin deposits. Inflows are often followed by price drops, while outflows are a reactive metric and do not necessarily indicate a price increase.



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