#Strategy加码BTC配置 Recent on-chain data is quite interesting — a large outflow of Bitcoin from exchanges. In just one week, over 10,000 BTC have left the market, mainly flowing out of major trading platforms. In contrast, Ethereum shows the opposite trend, with a net inflow of 135,000 ETH, as most of the leading exchanges in the crypto space are receiving ETH.

What does this indicate? Continuous outflow of BTC usually suggests that holders are accumulating. In other words, long-term players in the market are quietly building positions, either optimistic about the future or preparing for the halving. This phenomenon of cold wallet accumulation has historically been a good signal. Conversely, increased exchange inflows of ETH may indicate that some are preparing to cash out or engage in short-term trading. The divergence in the flow of these two coins reflects the different intentions of market participants.