coin-img-ETHETH-4.82%coin-img-SOLSOL-4.43%coin-img-BTCBTC-2.85%coin-img-XRPXRP-5.68%coin-img-USDCUSDC+0.03%coin-img-DOGEDOGE-5.38%coin-img-HYPEHYPE-4.50%coin-img-SUISUI-5.46%coin-img-ETHETH-4.82%coin-img-SOLSOL-4.43%coin-img-BTCBTC-2.85%coin-img-XRPXRP-5.68%coin-img-USDCUSDC+0.03%coin-img-DOGEDOGE-5.38%coin-img-HYPEHYPE-4.50%coin-img-SUISUI-5.46%coin-img-ETHETH-4.82%coin-img-SOLSOL-4.43%coin-img-BTCBTC-2.85%coin-img-XRPXRP-5.68%coin-img-USDCUSDC+0.03%coin-img-DOGEDOGE-5.38%coin-img-HYPEHYPE-4.50%coin-img-SUISUI-5.46%coin-img-ETHETH-4.82%coin-img-SOLSOL-4.43%coin-img-BTCBTC-2.85%coin-img-XRPXRP-5.68%coin-img-USDCUSDC+0.03%coin-img-DOGEDOGE-5.38%coin-img-HYPEHYPE-4.50%coin-img-SUISUI-5.46%

24,073 BTC posts largest net exchange outflow in seven months as exchange-held supply falls to 6.50%

AI Market Summary
Santiment data shows the largest net BTC exchange outflow in seven months (~24,073 BTC), pushing exchange-held supply to ~6.50%, which can reduce readily available sell-side liquidity. CryptoQuant also reports declining midsize inflows on Binance and Coinbase Prime, consistent with lower near-term selling pressure. Institutional positioning improved as US spot BTC ETFs flipped from net outflows to +$119m inflows, led by NCSKIBIT2USD.
Impact level
● High
Affected assets
BTC/USDT-2.77%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Santiment data show the share of Bitcoin held on exchanges has slipped to around 6.50% of total supply. Over the same period, Bitcoin has risen more than 33% since mid-August. On Binance, the 7-day average of midsize inflows fell from 4,155 BTC on August 16 to 2,648 BTC on October 7, while Coinbase Prime’s midsize inflows eased from 1,620 BTC to 1,370 BTC. Morgan Stanley’s MSBT fund drew $7.84 million in capital.
BTC
BTC-2.81%
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Market Analysis

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