Stablecoin Outflows From Exchanges Stretch to 35 Days, Signaling Weak Bitcoin Demand - bloomingbit
On-chain analyst Axel Adler Jr. reported that stablecoin net flows have been negative for 35 consecutive days, indicating weak Bitcoin demand. Bitcoin is near $65,000, but exchange flows show neutral signals, with stablecoin outflows exceeding $100 million. Adler noted that without stablecoin inflows, liquidity for buying is lacking, and large-scale accumulation is not occurring.
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