Bitcoin Liquidity Shifts Offshore as Traders Flee US KYC Platforms

  • Bitcoin's price surge beyond $111,000 in May marked a new chapter in the asset's journey, but a deeper shift is taking place beneath the surface. While attention focused on record highs and ETF inflows, a subtle migration of liquidity has taken root: Bitcoin reserves on U.S.-regulated exchanges are shrinking, while offshore, non-KYC platforms are gaining traction.