Massive movement alert: 25,000 BTC have flowed out of centralized exchanges in just two weeks. That's a significant withdrawal wave we're witnessing here.

When Bitcoin starts leaving exchange wallets at this scale, it typically signals holders moving to cold storage—a classic sign of accumulation mentality rather than selling pressure. These coins exiting the trading ecosystem might indicate long-term conviction from whale-sized players.

The timing matters too. This drainage pattern often precedes periods of reduced selling pressure, since coins in self-custody aren't immediately available for market dumping. Whether this translates to price action remains to be seen, but the on-chain signal is crystal clear: major holders are pulling their Bitcoin off the table.