Bitcoin has seen its highest weekly net outflows from exchanges in nearly a year, with 47,700 BTC withdrawn over the past seven days, according to market analyst Axel. The most significant outflow occurred on March 4, with 31,900 BTC leaving exchanges, suggesting large holders are moving funds to cold storage. This trend indicates a potential weakening of selling pressure in the spot market. In addition, stablecoin flows have shown a large net inflow of $1.1 billion in early March, followed by a shift to net outflows, currently at -$37.5 million. This pattern suggests that stablecoins were used to purchase Bitcoin, which was then withdrawn, highlighting large-scale spot buying activity.