🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
Analyst: BTC exchange net outflows continue, historical data shows short-term pump will occur
On February 17th, CryptoQuant analyst Darkfost's analysis showed that despite the BTC price fluctuating between $90,000 and $105,000, the 30-day Moving Average (30DMA) indicates a continuous net outflow from exchanges, indicating that the accumulation trend is still ongoing. Research shows that when the exchange inflow/outflow ratio is less than 1, it means that the net outflow of funds exceeds the inflow, which is considered a bullish signal by professional investors. Historical data shows that when this ratio enters the "high demand zone," BTC often experiences a short-term uptrend. Analysts also reminded that some outflows of funds may come from the routine asset transfers of centralized exchanges to ETFs, institutional investors, and off-exchange trading platforms and other custodial wallets.