Despite the current price action: downtrend or sideways — whatever you call it, #Bitcoin balances on all exchanges continue to decrease. On the other side of the table, someone is steadily draining Bitcoin from the exchanges.

At the same time, whales are also engaging in a substantial accumulation phase. The total number of wallets holding100+ BTC has surpassed 16k, reflecting a 1.83% growth compared to the previous month.