Record $1.6B Bitcoin exchange outflow, largest in 10 months, led by Coinbase 15k BTC withdrawal; supply squeeze signal amid weak demand

A record $1.6B Bitcoin exodus from exchanges occurred, with Coinbase seeing a 15k BTC withdrawal – the largest single exchange outflow in 10 months. This reduces available liquidity and historically precedes bullish price action if demand holds. Confirms whale/institutional accumulation despite ETF outflows and price weakness. Additional signals: Paul Tudor Jones added spot exposure, Abu Dhabi sovereign funds held IBIT, Harvard steady. Watch for follow-through on price.