The exchange inventory has continued to decline over the past week, once again hitting the lowest point in the last four years, which still indicates that more investors are optimistic about the future of $BTC and have no plans to sell Bitcoin in the short term.

Although this does not necessarily mean that the price of BTC will continue to rise, the ongoing decrease in exchange inventory often reduces the probability of a significant drop in BTC prices. Currently, the total BTC inventory across all exchanges has fallen below 3 million coins.

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