Bitcoin Outflows Surge as Traders Brace for Market Volatility

Recent data reveals a dramatic surge in Bitcoin withdrawals from exchanges over the past month. Over 91,000 bitcoins have left centralized platforms, suggesting heightened investor risk aversion or strategic long-term investment strategies. While the price of Bitcoin has remained largely flat amidst this movement, traders are poised for market direction based on the opening of S&P 500 futures. This event could potentially trigger a significant shift in the short term.