Data: In the past three days, a large amount of BTC has flowed out of exchanges, reaching the highest outflow amount in months

According to ChainCatcher news and CryptoQuant data, BTC has seen a significant outflow from exchanges over the past three days, reaching the highest outflow amount in several months. According to Santiment data, on September 30, 34,723 BTC were withdrawn from exchanges, marking the largest single-day outflow since June 17.

CryptoQuant analyst Maartun stated that this is a sign of demand re-entering the market. Overall, the net outflow is a positive signal, indicating a decrease in exchange supply and reduced selling pressure. (Source link)