Bitcoin (BTC) is seeing a renewed drawdown in exchange-held supply as net outflows accelerated over the past 24 hours, a shift that often signals tightening spot liquidity and increased preference for self-custody. At the same time, Binance’s BTC/USDT market recorded a sharp surge in European-session activity, hinting that near-term price discovery and ‘liquidity inflow’ are increasingly being driven outside Asia.
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