@roryst
Falling BTC balances on major exchanges often signal accumulation by long-term holders. When coins leave exchanges, supply available for immediate sale decreases, reducing short-term selling pressure. Historical trends show that sustained outflows often precede bullish runs, but context matters. Macro conditions, derivative positioning, and on-chain liquidity should also be considered. While exchange outflows are a positive indicator, they are not an absolute predictor; sudden miner sales or regulatory news can reverse trends. Combining these signals provides a clearer picture of market health and accumulation dynamics.
0 reply
0 recast
0 reaction