NewsNovo
Bitcoin's supply held on centralized exchanges has fallen to 2.56 million BTC, marking the sharpest exchange-supply drawdown since 2020, according to data cited by CryptoPotato.
The move signals that a growing share of holders are pulling coins off trading venues rather than leaving them where they can be sold quickly.
What the On-Chain Signal Actually Means Exchange supply is a count of BTC sitting in wallets controlled by trading platforms — coins that, in principle, could hit the order book at any moment.
When that number falls sharply, it doesn't automatically mean buyers are overwhelming sellers; it means holders are choosing to withdraw coins to self-custody or cold storage, shrinking the immediately available float.
Keep reading