Bitcoin is quietly walking away from centralized exchanges. Over the past 24 hours alone, CEX balances dropped by 9,761 BTC, pushing total holdings down to 3.33 million—a fresh dent in available liquid supply. This isn't just a blip. The pattern speaks volumes: fewer coins sitting on exchanges means less ammunition for sellers and tighter liquidity conditions across the board. Whether it's retail moving to self-custody or whales siphoning into cold storage, the message is the same—on-chain supply is getting harder to move.