Exchange Reserve: 2.39M BTC (near historic lows of 2.5M threshold)
Exchange Netflow: -7.85K BTC (negative = outflow from exchanges)
Trend: Continuous supply drainage from exchanges
We're witnessing a historic supply squeeze with exchange reserves at critically low levels. When combined with negative netflows, this creates a powder keg for explosive upward price movement. Probably what leads to the explosive top of this rally.
Written by Onchain Edge
