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TechFlow news, August 19 — CryptoQuant analyst Axel Adler Jr. posted on social media stating, "The 30-day moving average of net Bitcoin inflow to exchanges is declining, indicating that Bitcoin is being bought faster than sold on centralized exchanges. This shift occurring during a downward market shows a bullish divergence, suggesting market participants are taking advantage of the pullback to buy."
CryptoQuant analyst Axel Adler Jr. posted on social media, "The 30-day moving average of net Bitcoin inflows to exchanges is declining, indicating that Bitcoin is being bought faster than sold on centralized exchanges. This shift, occurring during a downturn, shows a bullish divergence, suggesting market participants are taking advantage of the pullback to buy."
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