Approximately 7,000 BTC, valued at $500 million, were withdrawn from Coinbase Advanced on April 25th, signaling potential institutional accumulation. CryptoQuant contributor Amr Taha highlighted that substantial Coinbase withdrawals often indicate institutions acquiring Bitcoin. This trend, coupled with rising spot demand or increased inflows into BTC spot ETFs, could exacerbate supply shortages and drive bullish market sentiment. The significant withdrawal suggests strong confidence in Bitcoin's future performance. Further supporting this positive outlook, $150 million worth of ETH was also withdrawn from centralized exchanges, reinforcing the accumulation trend across major cryptocurrencies. Analysts are watching closely to see if this outflow continues and how it impacts Bitcoin's price trajectory in the coming weeks. This movement could potentially lead to a supply squeeze, further bolstering Bitcoin's value. ```

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