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Bitcoin withdrawals hit record pace this week

More than 74,963 BTC were pulled from exchanges in just 7 days, leaving only 2.1 million BTC available for trading.

Bitcoin is disappearing from exchanges faster than we’ve seen in recent history. According to recent data, as of June 5, 2025, the total balance of BTC held on centralized exchanges dropped to 2.10 million, the lowest level in over a year.

At the same time, the price of Bitcoin sits around $104,866, showing resilience amid shrinking supply.

This behavior isn’t random. When large amounts of BTC are withdrawn from exchanges, it typically means one thing: investors are moving to long-term storage. They’re not looking to sell. They’re positioning for what they believe is coming.

Removing assets from exchanges reduces immediate selling pressure and tightens the available supply. If demand holds or increases, this creates the perfect storm for an upward price breakout.

The chart tells a clear story. Over the past few months, the steady decline in exchange balances has mirrored a gradual rise in BTC’s price. And now, with nearly 75,000 BTC withdrawn in a single week, this trend is accelerating.

What does this mean for the market? It signals conviction. Institutional and retail players are locking in positions and preparing for what could be the next big leg up.

We are witnessing a shift in dynamics. With less BTC available for trading and confidence building, the next move may be sharper than most expect.

If this pace continues, we may soon enter a zone where demand simply outpaces accessible supply.

Stay alert.

Team XSTP

Writer & Blogger

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Disclaimer: Cryptocurrencies may not be regulated in your jurisdiction. The value of cryptocurrencies can fluctuate. Profits may be subject to capital gains or other applicable taxes in your jurisdiction. ©2025 StartupX Tecnology LLC | All Rights Reserved

Disclaimer: Cryptocurrencies may not be regulated in your jurisdiction. The value of cryptocurrencies can fluctuate. Profits may be subject to capital gains or other applicable taxes in your jurisdiction. ©2025 StartupX Tecnology LLC | All Rights Reserved