Bitcoin exchange outflow surged 18,615 BTC, with net flow down 347%, indicating that whales and institutional investors are aggressively accumulating and moving assets into long-term storage. The NVT ratio remains strong at 27.40, only down 2%, reflecting robust on-chain activity. Short liquidations reached $929,000, far exceeding long liquidations, indicating bullish momentum in the market. These indicators highlight tightening supply and sustained investor confidence, supporting upward price pressure.