400,000 fewer Bitcoin on exchanges compared to last year, signaling bullish market sentiment. 403,000 BTC moved into cold storage, indicating long-term holding plans. Bitcoin supply shifting from exchanges to ETFs, with institutional ownership surpassing exchange holdings. CoinGlass data shows Bitcoin on exchanges declining as private companies and ETFs accumulate over 2.5 million BTC.

Read more at Cointelegraph: Bitcoin Leaves Exchanges as ETFs Absorb Supply and Holders Stay Bullish