Santora (formerly IntoTheBlock) reports a significant outflow of Bitcoin from exchanges this week, totaling $920 million. This represents the fifth consecutive week of net withdrawals, signaling a potential shift in investor behavior. This trend is likely fueled by the increasing popularity and substantial inflows into Bitcoin spot ETFs. Investors are seemingly choosing to hold their BTC in cold storage or other avenues facilitated by the ETFs, rather than keeping them on exchanges. The sustained outflow could potentially reduce the readily available Bitcoin supply on exchanges, potentially impacting price and market dynamics in the long term. Market observers are closely watching this trend to gauge its impact on Bitcoin's future. ```

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