đš BREAKING: Bitcoin Outflows Hit 4-Month High â Smart Money Moving? đš THE REASON MARKET IS DUMPING
Bitcoin just sent a strong on-chain signal đ$BTC
đ Over $750 MILLION worth of BTC was withdrawn from exchanges in a single day
This marks the largest net BTC outflow since May
BTC price is hovering around $57,000 during this move
đ§ data suggests:
According to IntoTheBlock (ITB):
Investors are moving BTC to private & cold wallets
Indicates reduced selling pressure
Often signals accumulation, not distribution
đŹ ITB researcher Juan Pellicer explains:
Large outflows usually reflect expectations of higher prices
Institutions typically withdraw in large batches, matching the scale seen
A growing shift toward self-custody is accelerating this trend
đŠ Institutional fingerprints?
Over $2.95B in BTC volume moved the same day
Size and timing strongly hint at institutional activity
đ HistorICALLY
May 31: ~16,050 BTC left exchanges
5 days later â BTC rallied to $71,000
Fewer coins on exchanges = supply squeeze potential
đ„ When BTC leaves exchanges at this scale, it usually means someone is preparing â not panicking.
Is this the calm before the next major move?
Are we loading⊠or topping? đ