Bitcoin net flows on exchanges are eye-catching. Outflows are now dominating, suggesting that investors are moving their BTC into long-term storage. This is reducing selling pressure.

The relationship between price action and flows: When the price is rising, inflows on the exchange increase, which may indicate traders are looking to lock in profits. When prices are falling, outflows become more noticeable, indicating that long-term holders are moving their BTC to safety.

The large inflow of 9.9K BTC on the exchange could indicate whale or institutional activity, which could cause volatility.

If outflows continue, this could reduce selling pressure, contributing to a potential price increase. However, large inflows can cause short-term corrections. Watch net flows to understand market sentiment.