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Despite transfers from the Mt. Gox bankruptcy estate and worries of a US government sell-off, Bitcoin (BTC) exchange inflows—the total number of BTC sent to exchanges— have dropped significantly since early August. According to data from CryptoQuant, nearly 94,000 Bitcoin was transferred to exchanges on Aug. 4, followed by approximately 49,000 BTC sent to exchanges on Aug. 5, and roughly 51,000 BTC deposited to exchange wallets on Aug. 6. Exchange inflows trended down for the rest of the month, with the most recent data for Aug. 20, showing 31,000 BTC sent to exchanges and indicating reduced s…

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