Markets· ★★★· bullish·

About 50,000 Bitcoin Left Exchanges in Two Weeks

  • —About 50,000 BTC left exchanges over two weeks
  • —Exchange balances stand near 2.5 million BTC, so the outflow equals 2%
  • —CoinGlass data dated October 2 reflects the aggregate change across tracked exchanges
  • —It is unclear whether the move reflects accumulation or a custody shift
Why it matters: Shrinking exchange supply can amplify upside if demand returns, but without clarity on the cause the signal remains ambiguous.
Source: Koin Bülteni