Bitcoin exchange netflow has turned positive for five consecutive days, reaching +3,615 BTC on March 30. This marks a significant shift from the previous week, which saw over 23,000 BTC in net outflows. The netflow flipped positive on March 26 with +1,693 BTC and continued to accelerate daily, culminating in a 174% increase from the previous day.
The reversal began after a period of sustained outflows, with March 25 recording a net outflow of -4,954 BTC. By March 30, inflows totaled 30,478 BTC, surpassing outflows. This pattern suggests a potential repositioning in the market, as coins are systematically moved back to exchanges in increasing volumes. The next 48-72 hours will be crucial in determining whether this trend indicates accumulation or a temporary repositioning.
Bitcoin Exchange Netflow Turns Positive, Surges to +3,615 BTC
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