Whales pull 14,942 BTC off exchanges as $200M flows onto trading venues
- —14,942 BTC left exchanges, the biggest outflow in five weeks
- —One whale bought 11,326 BTC worth $903 million in the same window
- —Two whales deposited $200 million of BTC to exchanges in 24 hours
- —Hyperliquid whales hold a net short in BTC for the first time since March
Why it matters: Exchange outflows are tightening supply into the Fed decision, major tech earnings and the US midterms, setting up a possible liquidity squeeze.
Source: AMBCrypto