The Bitcoin market absorbed 220,374 BTC last week while exchange net flows recorded -3,863 BTC, indicating that buying demand exceeded selling pressure. CryptoQuant analyst Axel Adler noted that despite significant inflows to exchanges during the period, the negative net flow demonstrates that more BTC left platforms than entered them. Adler stated that the market continues to absorb new supply amid relatively high capital flows, with investors actively taking on selling pressure. However, he emphasized that exchange flows and supply-demand dynamics require continuous monitoring to determine future market direction.