The cryptocurrency market is experiencing increased selling pressure as Bitcoin (BTC) inflows to exchanges rise alongside stablecoin outflows. Analyst Axel Adler Jr. highlights that BTC's 30-day net inflow has shifted from a net outflow of 300,000 BTC in March to a net inflow of 103,000 BTC by May 26, coinciding with a price drop from $80,000 to $73,700.
Simultaneously, stablecoins have seen a reversal from a daily inflow of $164 million in April to a daily outflow of $153 million by May 27. Adler Jr. warns that the combination of over 100,000 BTC net inflow and ongoing stablecoin outflows could lead to an unfavorable supply-demand imbalance, reflecting increased risk aversion in the market.
BTC Inflows and Stablecoin Outflows Indicate Rising Selling Pressure
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