Bitcoin (BTC) recorded a net outflow of 24,073 coins from cryptocurrency exchange wallets on Monday, October 5, the largest single-day net outflow in seven months, according to COINOTAG. Roughly 6.50% of Bitcoin's circulating supply still sits on crypto exchange balances, and that shrinking share is the residue of a withdrawal wave the market has not recorded in months.

What the Outflow Figure Shows

A net outflow occurs when the volume of bitcoin withdrawn from exchange-controlled wallets exceeds the volume deposited over the same period. The October 5 figure indicates that withdrawals that day outpaced deposits by 24,073 BTC, marking the heaviest single-day net movement of this kind in seven months.

Daily net flow readings can swing sharply from one session to the next as large individual transfers land, which is why on-chain analysts typically read a single-day print alongside the longer reserve trend rather than in isolation.

Exchange balances, measured as a share of circulating supply, are a widely followed on-chain metric. Bitcoin's total supply is capped at 21 million coins under its protocol rules, which makes transfers between exchange wallets and other addresses directly observable on the blockchain. Reserve estimates of this kind are compiled by attributing clusters of blockchain addresses to specific platforms, so they are treated as close approximations of true exchange holdings rather than exact counts.

The Shrinking Share of Supply on Exchanges

The approximately 6.50% of Bitcoin's circulating supply currently held on exchange platforms reflects an extended period during which coins have moved off trading venues. Coins withdrawn from exchanges are typically transferred to self-custody options, such as hardware wallets or other off-exchange addresses, though on-chain data alone does not reveal the intent behind individual transfers.

Because exchange reserves represent the coins most immediately available for trading, changes in that balance are closely monitored by on-chain observers as a measure of holder behavior, and a declining reserve leaves a smaller pool of coins positioned on trading venues. For observers following the series, the near-term markers are whether follow-up sessions confirm the October 5 pace and whether the exchange share of supply continues to drift lower from 6.50%.

The seven-month high in daily net outflows underscores the pace at which coins continued to leave trading platforms as of early October 2026.

This content was first published on COINOTAG: https://en.coinotag.com/bitcoin-24073-btc-exchange-outflow-largest-in-seven-months