In the past 7 days, flow data shows that BTC and ETH are still receiving relatively solid support, although the most recent session has shown signs of slowing down.
Notably, the cash flow on exchanges and ETF flows are giving us two fairly clear perspectives on market behavior that BTCVN4 finds quite interesting.
1. BTC – THE AMOUNT OF BTC ON EXCHANGES CONTINUES TO FALL
In the past 7 days, around 31,782 BTC, equivalent to about $2.52 billion, was withdrawn from centralized exchanges.