Binance $BTC BTC netflow hit −13,878 BTC on Sep 22 as weekly realized profit averaged $705M, up 768% WoW. BTC closed at $86,600 on Sep 21 as 2Y–3Y spent coins surged to 4,595 BTC ($393M), up 622%. Coinbase also drained −3,331 BTC, pushing aggregate exchange netflow to −660 BTC/day. Short liquidations reached $96.8M (+247% WoW), while Binance stablecoin inflow transactions hit 74,364 (+94% WoW). Heavy withdrawals alongside multi-year coin spending suggest profit-taking above $86K and potential supply redistribution rather than immediate accumulation. The custody-rebalancing explanation remains unverified. #Bitcoin #BTC