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Bitcoin CEX net outflows suggest an accumulation phase, says analyst.

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Bitcoin ETF outflows have remained negative for much of the past two months, according to analyst Darkfost. Centralized exchange net outflows averaged 1,640 BTC per month since March, indicating that inflows and outflows are shifting toward accumulation. Darkfost says the trend reflects reduced selling pressure and suggests Bitcoin is moving from centralized exchanges to long-term storage.

BlockBeats news, on April 16, analyst Darkfost reported that Bitcoin has experienced a net outflow from centralized exchanges almost daily over the past two months, with an average monthly net outflow of 1,640 BTC since March, indicating a trend of investor accumulation.


Darkfost believes that this structural outflow is typically viewed as a positive signal of reduced selling pressure, particularly during the current price consolidation phase, suggesting that selling pressure may be exhausted and indicating that Bitcoin is moving from CEXs to long-term holding wallets.

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