Santiment: 19,162 BTC left exchanges last week

A total of 19,162 BTC was withdrawn from exchanges over the past week, according to an analysis by Santiment. In a post on X, the analytics firm explained that the outflow is largely due to growing investor distrust following allegations of Binance's involvement in a massive forced liquidation event on Oct. 10 of last year. Santiment added that the trend of assets moving to cold wallets or other exchanges could continue for some time.