Strange, logically, if Bitcoin is flowing out of exchanges in large quantities, it indicates that someone is buying and hoarding, so the price should rise, right? Why is the entire market still declining?

In the past 7 days, over 15,000 bitcoins have flowed out of exchanges, with the current cumulative balance being approximately 2.204 million.

According to Coinglass data, in the past 7 days, major cryptocurrency exchanges have collectively seen an outflow of 15,064.50 bitcoins, with Coinbase Pro accounting for 10,461.07 bitcoins and Binance for 7,075.83 bitcoins. Currently, the cumulative balance of bitcoins in cryptocurrency exchanges is 2,204,912.10 bitcoins.$BTC