Bitcoin Exchange Reserves Drop to 2,583,633 BTC as Asian Trading Volume Jumps 64%

Total Bitcoin exchange reserves dropped to approximately 2,583,633 BTC as of November 7 after platforms shed 1,746 BTC in daily net outflows. Weekly withdrawals expanded to 22,558 BTC, led by Kraken and Coinbase Pro with daily outflows of 1,512 BTC and 1,061 BTC. Regional trading shifted sharply on Binance, with Asian session volume surging 64% to $670 million, while European and US session volumes fell to $1.98 billion and $150 million respectively. This follows November 6 data showing weekly outflows of 16,787 BTC and a prior surge in Western session activity.