Bitcoin exchange reserves drop as trading shifts to Asia and Europe, signaling changing liquidity.

Bitcoin reserves on major exchanges fell by over 2,100 BTC in 24 hours, continuing a month-long decline of nearly 42,000 BTC. Trading volume surged in Asia and Europe, with Europe leading at over $1 billion, while U.S. volume dropped 61%. This shift indicates changing liquidity and market dominance by Asian and European traders, potentially increasing volatility as trading concentrates in fewer hours. The outflows may reflect reduced sell-side supply or internal transfers, highlighting dynamic regional market activity.