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[Santiment: 24,073 BTC Net Outflow from Exchanges on Monday] According to a report by Golden Finance on October 7, data from Santiment shows that Bitcoin recorded its largest single-day net outflow in seven months: 24,073 BTC were withdrawn from exchanges on Monday, marking the largest single-day outflow since March 1. Exchange supply has now dropped to approximately 6.50% of the total supply. Santiment stated that large outflows are typically bullish, as coins leaving exchanges are less likely to be sold immediately. If demand remains strong while liquid supply contracts, the reduced availability of tokens for buyers may push prices higher to facilitate transactions. Santiment also noted that Bitcoin is currently holding steady at around $85,000, and the continued withdrawal of BTC may indicate that investors are transferring their holdings to long-term custody rather than preparing to sell. However, outflows alone do not guarantee any specific outcome; the decline in supply merely reinforces a bullish outlook.