CryptoQuant: Market Absorbed 220,374 BTC Last Week as Exchange Net Outflows Signal Buyer Dominance
- —Market absorbed 220,374 BTC over the past week
- —Exchange net flow stood at -3,863 BTC
- —Outflows exceeded inflows, signaling stronger buy-side demand
- —Analyst says exchange flows need continued monitoring
Why it matters: Negative exchange net outflows are typically read as accumulation and easing sell pressure, a supportive signal for BTC price.
Source: PANews