CryptoQuant: Bitcoin exchange inflow-to-outflow ratio falls to 0.97
- —Bitcoin exchange inflow-to-outflow ratio stands near 0.97 on a monthly average
- —The ratio keeps declining, signaling outflows dominate
- —BTC leaving exchanges suggests a shift to self-custody
Why it matters: Falling BTC inflows to exchanges are historically seen as bullish: less supply available for sale and a rising share of long-term holders.
Source: PANews