Analyst: CEX Sees Nearly 100,000 BTC Net Outflow in 30 Days, Reserves Decline for Seven Consecutive Weeks Indicating Accumulation Signal

On April 21, cryptocurrency market analyst Axel stated that Bitcoin’s net flow turned negative in the past 30 days, shifting from positive to negative since early March. On March 25, it reached a significant outflow peak of -300,000 BTC, and as of April 21, it remains at a net outflow of -98,000 BTC. During the same period, the BTC reserves on trading platforms decreased from 2.786 million to 2.681 million, marking a continuous decline for seven weeks, totaling a reduction of over 105,000 BTC. There has been no panic inflow during the price correction in April, indicating that tokens are continuously being held by long-term holders. The current pattern is interpreted as a signal for accumulation, but there is a potential risk to be cautious about if the net flow returns to positive territory.