📊🔥🚀 Bitcoin’s exchange reserves are shrinking at an accelerating pace
Since the start of the year, roughly 36.8K BTC have been withdrawn from centralized exchanges, based on Coinglass data.
🔹 What’s the significance?
• Less Bitcoin readily available for instant selling
• Growing movement of coins into cold wallets and long-term custody
• Lower immediate sell-side pressure on the market
🔹 Why this matters for price dynamics:
• This behavior is more typical of accumulation cycles than distribution phases
• Any meaningful demand spike could have an outsized impact on price
• Strengthens the case for tightening liquidity on the supply side
📌 Bottom line: The ongoing outflow of BTC from exchanges is a constructive structural indicator. It suggests rising investor conviction and increases the market’s sensitivity to new buying interest.
