PROTOCOL WILL SOON

Last updated: June 17, 2025, 00:42  |  Written by: Raoul Pal

Protocol Will Soon
Protocol Will Soon

The Negative Netflow Of Bitcoin

Total exchange BTC inflows have been net negative since July 2025

The negative netflow of Bitcoin and the USDT exchange netflow have reached 2 billion. Bitcoin Exchange Netflow Data: Green Bars: Represent net inflows to

Glassnode: Bitcoin inflows negative across all exchanges

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Bitcoin Inflows Have Been Net

Bitcoin inflows to exchanges often indicate rising selling pressure, while outflows suggest accumulation by investors. Large-scale negative netflows, in particular

Since late July, bitcoin inflows have been net negative across all exchanges, but four big exchanges have defied the trend, with approximately equal amounts of net positive inflows. Since July, there have been net withdrawals of 46,000 BTC (about $1.8 billion at

Bitcoin inflows have been net negative across all exchanges. Those four big exchanges have defied the trend. They approximately had equal amounts of net positive

Bitcoin Exchange Outflows Dominate Over

Bitcoin is Leaving Exchanges: A Signal for Price Surge?

Bitcoin Exchange Outflows Dominate Over Inflows. As per the latest weekly report from Glassnode, Bitcoin netflows have been mostly negative in the past couple of months, even

The negative netflow of Bitcoin and the USDT exchange netflow

The Result

Bitcoin inflows across all exchanges have been net negative since last July, but four major exchanges have been running contrary to this trend with nearly an equal

The result – $824 million in net inflows – is somewhat surprising given the sharply negative price action since the SEC lent its stamp of approval. In trying to forecast the

Bitcoin ETF outflows impact liquidity, market stability, and fintech startups. Discover how institutional behaviors shape Bitcoin's perception.

Bitcoin

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Bitcoin, as expected, was the primary focus, witnessing outflows of $479 million, while short-bitcoin products attracted additional inflows totaling $10.6 million. Altcoins

Raoul Pal can be reached at [email protected].

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