Exchange Netflow surged by +10.32% despite remaining negative at -11.19K BTC, suggesting strong accumulation.
When outflows consistently exceed inflows and the percentage change increases, it implies that large holders are withdrawing coins to wallets, reinforcing a long-term holding bias.
This kind of behavior typically appears in bullish environments, where investors feel confident about future price increases.
Moreover, this trend often reduces short-term selling pressure, providing a supportive backdrop for continued price appreciation.
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