Exchange inflows of 110k+ tokens and stablecoin net outflows; both the supply and demand sides are deteriorating, and near-term pressure is clearly visible.

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CoinNetwork
According to a CryptoQuant analyst, Axel Adler, CoinWorld reports that BTC exchange inflows have risen to 114,000 coins, and the net inflow on the 30-day average for stablecoins is -$105 million. Worsening market supply and demand has led to structural pressure.
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