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Axel Adler Jr.: Bitcoin exchange daily net outflow drops to 1500, futures long and short tend to balance CryptoQuant analyst Axel Adler Jr. stated that the average net outflow of Bitcoin over the past 30 days has dropped to 1500 BTC per day, down from 3000 BTC a week ago. The decrease is due to the exit of large outflow data from the statistical window. The 30 day average of the Bitcoin Positioning Index has risen to 0.3, indicating that both long and short positions are approaching equilibrium as a whole. As long as the exchange maintains net outflow and the futures position indicator remains above the zero axis, the spot and futures markets can receive demand support; If it turns into net inflow and the indicator falls below zero, the potential selling pressure may increase.

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