USDT Exchange Outflows Rise, Indicating Short-Term BTC Weakness CryptoQuant analyst, onatt, has observed a significant outflow of USDT from exchanges, coupled with an inflow of over 15,000 BTC. This suggests that traders are moving their assets off exchanges, possibly indicating short-term selling pressure. Additionally, onatt notes ongoing sell pressure from long-term BTC holders in the spot market. This further reinforces the possibility of a short-term price decline for BTC. However, it's important to note that this short-term weakness does not necessarily imply a bearish long-term trend. The analyst emphasizes that from a macro perspective, BTC's long-term outlook remains positive.

#BTC #USDT