According to crypto analyst Axel Adler Jr., the simultaneous inflow of BTC into exchanges and outflow of stablecoins signals increased risk aversion, strengthening market selling pressure. Data shows that BTC’s 30-day net inflow has shifted from an extreme net outflow of 300,000 BTC at the end of March to a net inflow of 103,000 BTC on May 26, while the price dropped from $80,000 to $73,700. Meanwhile, the 30-day average net flow of stablecoins reversed from a daily inflow of $164 million at the end of April to a daily outflow of $153 million on May 27. Axel Adler Jr. noted that a BTC net inflow exceeding 100,000 coins combined with sustained stablecoin outflows may create an unfavorable supply-demand imbalance.
BTC net inflow and stablecoin outflow signal increased selling pressure
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Summary
BTC price fell to $73,700 on May 26 as net inflows into exchanges reached 103,000, according to AiCoin. BTC dominance shifted from extreme net outflows in late March. Daily stablecoin outflows reached $153 million on May 27, down from a $164 million inflow in late April. Analyst Axel Adler Jr. warned that these inflow and outflow trends could exacerbate supply-demand imbalances.
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