It means that the BTC(Bitcoin) has been withdrawing from exchanges to individual wallets. I think it's a good signal for the crypto market. Someone said that the low liquidity of BTC orders is not good. Well, I don't agree this. The price of the BTC depends on demand and supply of people, institutions and BTC miners.
So, if there's huge demands such as approving spot BTC ETF(Exchange-Traded Fund)s, the low liquidity will make opportunities for investors. I'm still holding my view that the BTC price will surpass $48k within a few weeks. Honestly, the fluctuations make me difficult, but, I have to endure the volatility.
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