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100,000 BTC have been withdrawn from the exchange in the past three weeks.
Data disclosed by platform X shows that in the past three weeks, up to 100,000 BTC have been continuously withdrawn from cryptocurrency exchanges. This significant capital movement has raised market concerns about the subsequent supply and demand pattern of Bitcoin and price trends. With May 19 approaching, history may not simply repeat itself, but black swan events could occur at any time. The cycle structure and momentum indicate that the bull market seems to be nearing its end.