Analysis: Bitcoin CEX net outflows have persisted for nearly two months, indicating that the market has entered an accumulation phase
BlockBeats news, on April 16, according to analyst Darkfost, Bitcoin has seen net outflows from CEX almost daily over the past two months, with a monthly average net outflow of 1,640 BTC since March, indicating an investor accumulation trend.
Darkfost believes this kind of structural outflow is typically seen as a positive signal of reducing selling pressure, especially during the current price consolidation phase, which may suggest that selling strength is exhausted, while also showing that Bitcoin is moving from CEX to long-term holding wallets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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