星球日报|1月 25, 2026 08:54
[Data: Bitcoin Exchange Internal Flow Drops to Approximately 14,000 BTC, Hitting Lowest Level Since 2022]
Odaily Planet Daily reports, according to CryptoOnchain data, the total internal flow of Bitcoin exchanges has dropped to its lowest level since 2022, approximately 14,000 BTC. This metric tracks the internal movement of BTC within exchanges, reflecting operational activity and short-term distribution readiness. Its continued decline indicates a significant reduction in the internal flow of BTC within exchanges, pointing to weakened market-making activity and tightened liquidity. Lower internal flow is typically associated with increased holding behavior, reduced arbitrage activity, thinner order books, and heightened sensitivity to shocks. Currently, the Bitcoin market appears to be in a 'liquidity pause' phase, which historically has been a precursor to sharp directional movements following a resurgence in market activity.
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