Bitcoin exchange supply has reached a six-month low, with nearly 209,000 BTC withdrawn over this period, reducing the total to approximately 1.21 million BTC. Despite a 14% price drop from its October 6 peak, outflows continue, indicating a shift towards long-term holding. Santiment data reveals a 1.08% decrease in exchange-held Bitcoin, highlighting a trend of investors moving assets to private wallets amid market volatility.