31,900 BTC just left exchanges in one day.
That big negative spike on the Exchange Netflow chart means coins are moving to cold storage or custody wallets.
Why it matters:
Less BTC on exchanges less immediate sell pressure.
Large outflows often signal accumulation by bigger players.
After volatility, this can look like dip buying
If price holds key levels and inflows don’t return, reduced supply could support a move higher.
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