🟢 📊 Last 1 Week of Major BTC Withdrawals!

A noteworthy development has occurred in the cryptocurrency market.
In the last 7 days, approximately 24,383 #BTC were withdrawn from centralized exchanges to cold wallets (CEX). 💰🔥

🔍 What does this mean?

✔️ Supply Reduction:
The decrease in the amount of BTC on exchanges may reduce selling pressure. This could have a positive impact on the price in the long term.

✔️ HODL Strategy:
The withdrawal of investors' BTC to wallets indicates that they have no intention of selling and are following a long-term holding strategy (HODL).

✔️ Corporate Impact:
Recently, the demand for Spot Bitcoin ETFs may be supporting the trend of increased institutional purchases and decreased supply.

✔️ What Does It Mean for the Price?
Historically, large amounts of BTC withdrawals have created bullish expectations in the markets. However, it is also important not to forget the risks of correction and manipulation in the short term.

🔎 On the technical side, BTC continues to show strength by maintaining critical support levels. Will the upward trend continue, or will a new correction wave come?

💬 Do you think this movement is a harbinger of a new bull run or are investors just pulling to a safe haven?

🗨️ Share your thoughts in the comments, write your analyses and expectations!

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#Bitcoin# #Crypto# #Blockchain# #BTC# #Trading#