JUST IN: Bitcoin Exchange Outflows Hit 2026 Record as Price Reclaims $90k.

The "Greenland Dip" was bought aggressively. On-chain data reveals that 22,000 BTC were withdrawn from centralized exchanges in the last 24 hours, marking the largest single-day outflow of the new year. While price consolidates near $90,400, the available liquid supply is vanishing at a record pace.

This matters because it confirms high-conviction accumulation.

Institutional players are moving assets to cold storage, effectively removing them from the immediate sell-side order books. The "weak hands" have been flushed out, and the market structure has shifted from fearful distribution to confident holding.

Traders should watch the $91,500 resistance level. With the supply shock deepening, a break above this zone could trigger a rapid repricing as buyers scramble for scarce inventory.

#Bitcoin #OnChain #SupplyShock