Analyst: CEX saw a net outflow of nearly 100,000 units of BTC on the 30th, with reserves falling for seven consecutive weeks—signaling an accumulation by buyers.

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BlockBeats News, April 21 — Cryptocurrency market analyst Axel stated that Bitcoin’s 30-day net flow turned negative after being positive since early March. On March 25, it once reached a strong outflow peak of -300k BTC. As of April 21, it remained at a net outflow of -98k BTC. During the same period, trading platform BTC reserves decreased from 300k coins to 98k coins, a continuous decline for seven weeks, totaling a reduction of over 105k coins. No panic inflows were observed during the April price correction, indicating that tokens are continuously consolidating into the hands of long-term holders. The current pattern is interpreted as a synchronized accumulation signal, but there is a need to be cautious of the potential risk of net flow returning to positive territory.

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