$MASKS

In September, the amount of bitcoins held on exchanges fell significantly, reaching levels last seen in mid-November 2018.  Since the beginning of the month, Bitcoin reserves of exchanges have decreased from about 2.62 million to 2.58 million.  This drop of almost 38,000 bitcoins in two weeks shows the continuation of the rapid outflow of bitcoins from exchanges.  The annual trend of decline is even greater;  With a decrease of about 430,000 bitcoins since the beginning of the year.  A decrease in Bitcoin reserves on exchanges is usually a sign of investor confidence in Bitcoin's future price potential, as it reduces the supply available for trading.  This behavior could indicate a build-up phase in the current market cycle, possibly setting investors up for a significant price move.

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