đš $BTC Exchange Supply Shrinks as 7-Month High Net of 24K Coins Leave Exchanges đŠ Bitcoin just recorded its largest net exchange outflow in seven months. On Monday, 24,073 BTC left exchanges on net, the biggest single-day exodus since March 1st. Exchange supply has fallen to roughly 6.50% of total BTC supply. đ Large outflows are generally bullish because coins leaving exchanges become less readily available for immediate selling. If demand stays strong while liquid supply shrinks, buyers have fewer available coins to absorb before prices need to move higher. đ The timing is encouraging with Bitcoin still holding near $85K. Persistent withdrawals can signal investors shifting BTC toward longer-term custody rather than preparing to sell. Outflows alone guarantee nothing, but falling exchange supply strengthens the bullish setup.
