Add as a preferred source on GoogleBitcoin’s 30-Day Exchange Netflow Average Reaches +182 BTC
Exchange netflow turned positive for the first time since Sept. 21. The 30-day simple moving average was −3,950 BTC on Oct. 18.
Bitcoin (BTC) exchange inflows exceeded withdrawals in the latest reading, while the 30-day simple moving average reached +182 BTC on Oct. 28, showing a shift from the negative reading recorded 10 days earlier.
Exchange netflow was positive for the first time since Sept. 21. The 30-day average stood at −3,950 BTC on Oct. 18.
Positive netflow means more BTC moved into exchange wallets than left them during the measured period. IT Tech said large sellers had not emerged: “Holders stopped withdrawing, but sellers aren’t here in size yet.” Netflow tracks transfers and withdrawals; it does not establish whether incoming BTC was sold.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.