Bitcoin sees ~1,500 BTC daily net exchange outflow as futures positioning balances
- —30-day average net exchange outflow is about 1,500 BTC per day
- —A week ago the figure stood near 3,000 BTC per day
- —The decline reflects a large withdrawal on the 22nd dropping out of the window
- —Futures positioning index rose to 0.3 from -0.5 a week earlier
Why it matters: Continued exchange outflows with a positive positioning index would signal demand support in both spot and futures markets.
Source: Bloomingbit