Exchanges are emptying, whales are getting fatter

Bitcoin withdrawals from exchanges are hitting records — this is confirmed by CryptoQuant. The last time such outflows were recorded was in February 2023. All signs are evident: a careful accumulation is beginning, and usually, growth follows.

It is also interesting that $BTC no longer dances to the tune of the stock market. The correlation with indices is falling, while with gold it is rising. Perhaps digital gold has finally decided to play in its own league.