22,500 BTC Silently Withdrawn from Exchanges in One Day Without Any Notable Price Fluctuation

Bitcoin continues to be quietly withdrawn from centralized exchanges, with approximately 22,500 BTC removed on a single day in early June, despite a lack of price increase. This significant outflow suggests that large holders are moving their assets to private wallets instead of preparing them for sale.

Analysis from CryptoQuant indicates this is not retail investors' speculative trading but institutions, like ETF providers and custodians, accumulating Bitcoin. The lack of a corresponding price surge could suggest a consolidation phase, with long-term conviction quietly building. While the immediate price action may seem stagnant, the continual decrease in exchange reserves indicates easing supply-side pressure.

This could potentially indicate a setup for future price appreciation as selling pressure reduces. However, the market may face summer turbulence due to potential economic slowdown and political instability.