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Over $1.57 billion worth of BTC withdrawn from crypto exchanges in a week

A recent report by blockchain analyst Ali on platform X reveals that approximately 22,647 BTC, valued at over $1.57 billion, were withdrawn from cryptocurrency exchanges in the past week.

This significant movement of Bitcoin from exchanges could be due to a variety of factors, including investors moving their assets to private wallets for security reasons, or a sign of long-term holding strategies.

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