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[Santiment: Net Outflow of 403,200 Bitcoins from Exchanges in the Past Year] As Bitcoin's market value hovers around $90,000, Bitcoin continues to show a trend of leaving exchanges. Over the past year, the total net outflow of Bitcoin from exchanges reached 403,200 coins, resulting in a net decrease of 2.09% in total supply. Santiment believes that, overall, this is a long-term bullish signal. Historically, the lower the amount of Bitcoin held on exchanges, the less likely it is to trigger major sell-offs that lead to asset price declines.