Bitcoin price rebounds to a two-month high as exchange balances drop to a seven-month low

Bitcoin price rebounded to a two-month high of $97,500, with a net decrease of 47,244 holders over the past three days, indicating that retail investors are exiting due to panic and lack of patience. Meanwhile, exchange balances have dropped to a seven-month low, with only 1.18 million BTC remaining. (Santiment)