As per on-chain analytics firm Glassnode, exchange outflows have hit their lowest levels over six months. Following the FTX collapse, BTC withdrawals from exchange wallets have entirely reversed the spike. After hitting a peak of 142,788 BTC on Nov. 14, outflows from the trading platforms have declined over ten times. On Dec. 25, the total exchange outflows came in at just 9,352 BTC — a drop of 93.5%.