Outflows continue to dominate, signaling that investors remain confident in the long term.
And it's hard not to be, given the growing adoption by major corporations and governments. BTC is gradually evolving into a store of value, increasingly used to strengthen treasury strategies.
The monthly outflow/inflow ratio has recently dropped to around 0.9 providing a high demand signal, a level not seen since the bear market of 2023.
- When this ratio is below 1, it means outflows are dominant, reflecting strong and sustained demand on the spot market.
- Conversely, when it rises above 1.05, it often signals renewed selling pressure and the beginning of a corrective phase.
As of today, demand remains present as outflows continue to dominate, with a growing number of long-term holders stepping in.
Written by Darkfost