CryptoWorld News reports that, according to analyst Axel Adler from CryptoQuant, BTC is flowing heavily into exchanges, while stablecoin liquidity continues to flow out, worsening supply and demand on both ends of the market. The 30-day net exchange flow indicator for BTC is approximately +114k BTC, compared to a net outflow of about -85k to -115k BTC in early May, indicating the market has shifted from accumulation to distribution. This indicator rose to about +167k BTC in early June. The 30-day moving average net flow of stablecoins is around -$105 million; in early May, this indicator was between +$40 million and +$90 million, expanding in early June to approximately -$150 million to -$170 million.

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PaperSculptureOctopus
· 4h ago
Stablecoin net outflow of $105 million; with that much liquidity pulled out, the market not crashing is already quite impressive.
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PerpWhisperer
· 4h ago
Is that peak of +167k tokens more frightening? During the heaviest selling pressure in early June, now falling back to 110k seems like a relief?
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GateUser-953e1a14
· 4h ago
Accumulation and redistribution—every seasoned “cautious newcomer who’s been around” knows what that means. However, based on historical experience, when this kind of data hits extremes, it often comes close to a short-term turning point. Let’s wait and see.
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MountainShadowsBeforeTheStorm
· 4h ago
Axel Adler's data is pretty shocking: 110k BTC poured into exchanges in 30 days, while stablecoins are still fleeing. Is the smart money pulling out in advance?
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