Crypto Driver
07/14 02:49
Solana continues to see steady spot outflows, wi
Solana continues to see steady spot outflows, with a $7.58 million net outflow on the 13th of July.
This consistent pattern indicates that investors are withdrawing SOL from exchanges, reducing the immediate supply available for selling.
Typically, exchange outflows reflect long-term holding behavior and suggest a bullish sentiment among holders.
This trend reinforces the broader accumulation phase and could support higher price levels if demand remains steady.
With fewer tokens circulating on trading platforms, the conditions favor continued upward price pressure.
Solana continues to see steady spot outflows, with a $7.58 million net outflow on the 13th of July.
This consistent pattern indicates that investors are withdrawing SOL from exchanges, reducing the immediate supply available for selling.
Typically, exchange outflows reflect long-term holding behavior and suggest a bullish sentiment among holders.
This trend reinforces the broader accumulation phase and could support higher price levels if demand remains steady.
With fewer tokens circulating on trading platforms, the conditions favor continued upward price pressure.
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