Over the past 48 hours, Bitcoin saw a sharp surge in net inflows to exchanges, with +14.4K BTC registered, the highest spike in weeks. This marks a clear shift from consistent outflows earlier in July to aggressive inflows, coinciding with a notable price drop.
Such positive netflows often signal rising spot selling pressure, as traders move BTC to exchanges to secure profits after the recent rally. If the inflow trend continues, short-term downside volatility could increase, especially as BTC approaches high-liquidity zones.
Written by Enigma Trader
