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Bitcoin Records Over $2B Net Outflow from Centralized Exchanges This Week

Bitcoin and Ethereum saw significant withdrawals from centralized exchanges this week, with Bitcoin recording net outflows exceeding $2 billion, Sentora (formerly IntoTheBlock) data show on Oct. 31. The data show investors transferred assets into self-custody arrangements. Sentora characterized the movement as a bullish signal despite ongoing market uncertainty, noting the pattern aligns with long-term holding behavior.
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