#BTC shows a notable supply-side shift: Binance has seen sustained outflows, with 8 of the last 14 days recording negative netflows and a 7-day average near -887 BTC/day. Mega-whale inflows surged +3,224%, but the move comes from a very small baseline, making the percentage less meaningful. Rising activity in long-dormant coins (7–10 years old) and a slightly higher Exchange Whale Ratio suggest larger players remain active. The key signal is shrinking exchange liquidity, though whether this is accumulation or OTC redistribution remains unclear. A tightening liquid supply could become a bullish catalyst for $BTC if demand strengthens. #Bitcoin #Whales #Binance #BTC