Bitcoin is seeing steady spot exchange outflows, with $113.32 million withdrawn on the 8th of August alone.
This ongoing negative netflow trend signals that investors prefer holding rather than trading, even as prices consolidate.
The consistent red bars on exchange charts show more BTC leaving than entering, a pattern typically associated with accumulation phases.
Such behavior reflects growing confidence in Bitcoin’s long-term value, despite a pullback in speculative indicators like funding rates.
Overall, the gap between price action and netflows suggests strong underlying demand and bullish sentiment among long-term holders.
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