Investors are withdrawing their bitcoins from major exchanges at an unprecedented rate. This phenomenon, observed in recent days on Binance and Coinbase, could foreshadow a supply shortage and potentially impact the price of BTC.
In summary
More than 35,000 BTC (valued at $3.3 billion) have left Binance and Coinbase in recent days.
Binance recorded its third largest historical net outflow on April 25.
These massive outflows suggest institutional accumulation and a possible upcoming supply shortage.#XRPETFs #AltcoinETFsPostponed $BTC
