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Bitcoin Exchange Inflow-to-Outflow Ratio Falls to 0.97 and Keeps Declining
The monthly average points to outflows dominating the current market phase. The trend is described as favorable to Bitcoin accumulation.
Mentioned assets
Bitcoin’s (BTC) monthly average exchange inflow-to-outflow ratio has fallen to about 0.97 and is still declining, indicating that outflows are dominating the current market phase.
The trend is described as favorable to BTC accumulation. Some exchange withdrawals may reflect investors moving purchased BTC into self-custody for long-term holding.
The reported ratio does not include a separate measure of current flow speed.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.