BTC holders are choosing to keep their assets in personal wallets rather than on exchanges. Deposits have fallen below 45,000 BTC from over 125,000 at the start of 2024, showcasing a clear preference for self-custody.
The net FLOW-to-reserve ratio shows more BTC leaving exchanges than entering. This trend suggests a bullish sentiment, as investors secure BTC privately, anticipating long-term growth. Historical patterns indicate potential for a MAJOR price rally.