buy on weakness
1,435 BTC CEX Outflow Points to Supply Drain for Bitcoin
I noticed a net outflow of 1,435.75 BTC from centralized exchanges over the last 24 hours, which likely reduces immediate sell-side liquidity for Bitcoin. I interpret this as a supply drain that can be supportive of price if sustained.
That said, a single outflow snapshot can reflect different flows (cold storage, custodial moves, OTC deals), so I remain cautiously optimistic rather than fully committed.
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Analysis
Large CEX outflows typically indicate reduced immediate selling pressure because fewer coins are available on exchanges to be sold; historically sustained outflows have correlated with bullish phases....
Recommendation
Monitor follow-through over several days; consider a staged accumulation strategy or buy-on-weakness rather than an immediate full allocation, and watch on-chain and orderbook indicators to confirm ge...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.