On February 17, CryptoQuant analyst Darkfost analysis showed that although the bitcoin price fluctuated in the range of 90,000 to 105,000 dollars, the 30-day moving average (30DMA) showed a continuous net outflow phenomenon on the exchange, indicating that the accumulation trend is still continuing.
The study notes that when an exchange inflow/outflow ratio falls below 1, it means that the net outflow of funds exceeds the inflow, which is seen as a bullish signal by professional investors. Historical data shows that bitcoin tends to see short-term gains when the ratio enters a "high demand zone".
Analysts also cautioned that some of the outflows could stem from the transfer of conventional assets from centralized exchanges to custodial wallets such as ETFs, institutional investors, and over the counter platforms.
Analysts: Net outflows from bitcoin exchanges continue, historical data points to a short-term rise
2025-02-17 12:31:17
17 message cryptoquant analyst darkfost analysis display despitedesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
分析师：比特币交易所净流出持续，历史数据显示将出现短期上涨Next article：
马斯克转发美国财政部2024财年处理1.16亿张纸质支票消息，CZ用“区块链”一词回应
