Bitcoin's price has rebounded from last week's decline, rising to above $97,000. During this time, a decline in leverage and open interest ratios has been observed, indicating a decrease in leverage and a shift towards long-term holding by investors. A significant outflow of Bitcoin from exchanges has also been noted, suggesting growing confidence among institutional players. This trend of funds moving off exchanges may lead to more stable market growth and potentially set the stage for a sustained recovery in Bitcoin's price.



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