Headline: 📉 SUPPLY SHOCK ALERT: Bitcoin Exchange Reserves Hit 5-Year Low! The "Liquidity Crisis" is Here. 🚨🐳
Forget the daily price chop. The most important chart in crypto right now is Exchange Reserves, and it just flashed a historic signal.
As of this morning, on-chain data confirms that the total amount of Bitcoin held on centralized exchanges (Binance, Coinbase, Kraken) has dropped to its lowest level since 2021.
🔥 The Data (Feb 9, 2026):
The Great Exodus: Over 45,000
$BTC ($2.8 Billion) has been withdrawn from exchanges in the last 7 days alone.
Who is Buying? This isn't retail panic selling. This is Institutional Accumulation. Large entities are moving coins to Cold Storage and Custody Wallets, signaling they have no intention of selling anytime soon.
The "Squeeze" Mechanics: With demand steady and available "for sale" supply vanishing, any shock to the upside will likely cause a violent price expansion due to the thin order books.
💡 My Take:
We are entering a Vendor's Market. If you are waiting for a massive crash to $50k to buy, you might be waiting forever. The sellers are simply running out of ammo. When the supply shock meets the next demand wave (likely from the upcoming Spot ETF options integration), the move up will be vertical. HODL your keys.
#bitcoin #SupplyShock #Onchain #CryptoNews