Bitcoin Exchanges See Historic Drop As Long-Term Holders Accumulate

Recent weeks have witnessed a remarkable shift in the Bitcoin market dynamics. The cryptocurrency has reached unprecedented highs, surpassing $125,000 as investors prioritize long-term holdings over short-term speculation. This trend is reflected by an ongoing exodus of Bitcoin from centralized exchanges, with over 114,000 BTC valued at over $14 billion withdrawn in recent weeks. This movement signifies a growing preference for secure storage and long-term investment strategies, potentially indicating a shift in market sentiment.