#bitcoin.” Investors are withdrawing their bitcoins from major exchange platforms at an unprecedented rate. This phenomenon, observed in recent days on Binance and Coinbase, could foreshadow a supply shortage and potentially impact the price of BTC.
In summary
More than 35,000 BTC (valued at $3.3 billion) have left Binance and Coinbase in recent days.
Binance recorded its third largest historical net outflow on April 25.
These massive outflows suggest institutional accumulation and a potential upcoming supply shortage.
A massive exodus of bitcoins from major platforms
Binance, the global leader in cryptocurrency exchanges, recorded a spectacular movement on April 25: investors withdrew 27,750 BTC, worth approximately $2.63 billion, from the platform in a single day.
This is the third largest net outflow ever recorded on Binance, a signal that does not go unnoticed by experts.
Meanwhile, Coinbase is not far behind with over 7,000 BTC (approximately $665 million) that have left its digital vaults. This platform, recognized as a favorite provider for U.S. institutions, sees its reserves dwindling at an alarming rate.
These significant outflows often suggest accumulation by institutions or large investors, potentially indicating bullish sentiment.
This phenomenon is part of a broader trend where global reserves of exchange platforms have reached their lowest level since 2023.
In April 2025, they fell to 2.535 million bitcoins, representing a 7% reduction since January, bringing the market closer to a historical floor.
Potentially bullish signals for the market
The rapid decline in available reserves on platforms reflects a fundamental shift in investor strategy.
When bitcoins leave exchanges, they are generally transferred to non-custodial wallets, indicating an intention for long-term holding rather than immediate selling.
This dynamic creates a paradoxical situation: even though 87% of the total bitcoin supply is currently in profit, large holders choose to accumulate instead of taking profits.
This behavior strongly contrasts with that of small holders, who tend to sell more during price increases.
The price impact could be considerable,
If the decline in reserves is correlated with an increase in spot demand or ETF inflows, a supply compression could be brewing that potentially pushes the price upwards.
This situation recalls the conditions that preceded previous major bitcoin rallies.
In summary, with bitcoin firmly holding above $94,000 and massive ETF inflows exceeding $3 billion in a week, the market seems ready for a new phase of expansion. The growing scarcity of bitcoin on exchange platforms could be the spark that ignites the next rally towards unexplored highs.
