Cryptocurrency analytics firm Santiment reported on the 7th that Bitcoin (BTC) net outflow from exchanges reached 24,073 BTC on the 5th. This is the largest daily net outflow since March 1st, approximately seven months ago.
Net outflow refers to a situation where the amount of BTC withdrawn from exchanges exceeds the amount deposited. According to the company's data, the BTC held on exchanges has decreased to about 6.50% of the total supply...