CryptoQuant: Bitcoin exchange outflows improve supply, but analyst stays neutral
- —Oct. 26 inflow of 7,278 BTC flipped to a 12,702 BTC outflow on Oct. 27
- —Seven-day outflow 4,633 BTC; 30-day outflow 4,048 BTC
- —Funding at +0.00762%, above averages; open interest $25.67B, up 0.56% in 7 days
- —LTH-SOPR fell from 1.1657 to 1.0124, near break-even
Why it matters: Sustained exchange outflows with stable funding and open interest would reinforce the bullish case for BTC; renewed inflows would force a rethink.
Source: PANews
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