Exchange bitcoin balances have hit a new all-time low, marking a significant shift in market dynamics.

What's actually happening? Coins are continuously flowing out of exchanges. The selling pressure that once dominated the market is now noticeably weakening. Supply is tightening at an accelerating pace.

This is the classic setup for a supply shock in action.

Here's the thing though—the price reaction doesn't follow immediately. That lag between supply tightening and price discovery is where the real opportunity lives. Fewer coins available for trading, reduced selling urgency, compressing supply—these are the building blocks of what typically comes next in crypto markets.