According to Deep Tide TechFlow, CryptoQuant analyst Axel Adler Jr pointed out that since the Luna crash, the weekly trading volume of the BTC/USD trading pair on centralized exchanges has continued to decline. Data shows that the trading volume for this pair dropped from 2.9 million in July 2022 to 426,000 yesterday. The analyst believes this could be a long-term bullish signal, as the decrease in available supply on exchanges will create upward pressure on prices.

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