This is extremely bullish. Coins are coming off exchanges one way or another.

Also, blockchange. Lol.
Linkso is it tracked by individual utxos? or addresses? or how. say i send ~0.1x btc x
12
36 times, once a month and leave it. then i sell or pull that btc out say ~0.2 btc at a time every couple months.. how is the timing calculated? fifo? lifo? fun times are on their way lol
edit: of course not that i recommend leaving btc on exchanges unless youre prepared to lose it.