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👀 Bitcoin exchanges' BTC balances have dropped almost $10B in 2024
Data from on-chain analytics firm Glassnode shows that since Jan. 11, exchanges are down over 136,000 $BTC. 💸
The withdrawal trends from Bitcoin exchanges paint a clear picture: "pent-up demand" from spot ETFs is merging with the approaching halving, squeezing the available $BTC supply.
Where will this trajectory take Bitcoin's price? 🤔
