CryptoQuant analyst: Last week, the market absorbed 220400 BTC and the exchange had a net outflow of 3863 BTC

CryptoQuant analyst Axel Adler stated that the market absorbed 220400 BTC last week, with a net traffic of -3863 BTC on the exchange. Although the inflow of Bitcoin into exchanges is relatively large, the net outflow data reflects that buyer demand in the market is stronger than seller pressure.