$BTC

Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Rise and Tether Liquidity Drops

Bitcoin has recently shown mixed market movements, with analysts watching on-chain data to understand where the price may head in the short term.

Recent data shows a shift in exchange activity. While Bitcoin (BTC) is flowing into exchanges, Tether (USDT) is seeing large outflows. This could create an "imbalance" in the market, possibly leading to more selling pressure and price drops in the short term.

Spot Market Trends and Selling Pressure Point to Possible Decline

According to data from CryptoQuant analyst Onatt, over 15,000 BTC have recently moved into exchanges, which usually indicates a higher chance of sell-offs. At the same time, the outflows of Tether suggest less liquidity in these exchanges.

Tether Outflows and Bitcoin Inflows Signal Weakness Ahead

This shift in liquidity and increased Bitcoin inflows could point to short-term weakness in the market.