Analyst: CEX saw nearly 100k BTC net outflow on the 30th, with reserves decreasing for seven consecutive weeks, signaling accumulation.

Mars Finance News, crypto market analyst Axel states that Bitcoin’s net flow on the 30th shifted from positive to negative since early March, with a peak outflow of -300k BTC on March 25th, and as of today, it remains at a net outflow of -98k BTC. During the same period, BTC reserves on trading platforms decreased from 300k to 98k, a continuous decline for seven weeks, totaling a reduction of over 105k BTC. No panic inflows were observed during the April price correction, indicating that tokens are continuously consolidating into long-term holders. The current pattern is interpreted as a synchronized accumulation signal, but caution is advised regarding the potential risk if net flows return to positive territory.

BTC-0.51%
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