[Analyst: Exchange BTC Inflow-to-Outflow Ratio Drops to 0.97, Bullish for Long-Term Holding] CryptoQuant analyst Darkfost noted in a post that the BTC inflow-to-outflow ratio on exchanges is showing a trend favorable for BTC accumulation. Currently, the monthly average of this ratio is approximately 0.97 and continues to decline. This indicates that the current market phase is dominated by outflows, which is a positive signal. When a large amount of BTC flows out of exchanges, it suggests that some investors are inclined to transfer the purchased BTC to self-custody for long-term holding.