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1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
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Since 2025, the reserve amount of Bitcoin on exchanges has been continuously decreasing. From a peak of nearly 2.98 million coins in April to around 2.54 million in mid-November, a decline of 15%. This means that in just a few months, over 430,000 BTC have been withdrawn by investors. Behind this large-scale withdrawal, there is a subtle shift in market participants' views on the security of holding coins and their long-term value. The downward trend in exchange BTC balances often indicates a change in market sentiment.