Large 24h CEX Outflow (1,435.75 BTC) Points to Reduced Sell Pressure for Bitcoin
I note a 24-hour CEX net outflow of 1,435.75 BTC. That level of outflow typically signals coins moving off exchanges into custody or cold storage, which can reduce immediate sell pressure.
I view this as a mildly bullish supply-side signal, but it’s a single-day snapshot and should be confirmed by continued outflows, on-chain accumulation metrics, and price action.
I’m watching flows and would consider accumulating on pullbacks while managing position size and risk.
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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.