CoinMeta data: Recent Bitcoin price dynamics have been complex, with the BTC outflow from Binance reaching 13,800 on September 25th, setting a new high for daily outflows since 2023. The Bitcoin reserves of this exchange decreased by about 20,000 in four days, falling to 685,000. Analyst Darkfost pointed out that the current market situation is different from previous rebounds, and the continuous outflows indicate that holders may be transferring their Bitcoin to self-custody or other long-term holding methods. Although the market is still absorbing strong demand for ETF, the outflow of Bitcoin shows a reduction in the supply held by exchanges, which is an important signal for market participants.