The exchange's $BTC inventory data shows that in the past week, the exchange's inventory of BTC has been continuously declining. This indicates that when the price of BTC drops, more investors are not transferring BTC to the exchange to attempt to sell off their holdings; instead, more investors are buying on the dips, and there is no sign of stopping their buying intentions even now.

Switching to annual data makes this even more apparent. The current BTC inventory is at its lowest point in the past year, and if we extend the timeframe, it is the lowest point since June 17, 2019. At least for now, investor sentiment remains relatively strong.

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