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Analysis: The overall market sell-off pressure continues to ease, with the net price difference on the trading platform in positive territory
BlockBeats News, October 29th, CryptoQuant analyst Axel posted that the Exchange Net Flow Delta (Stablecoin Net Flow - BTC+ETH Net Flow) is still in positive territory, with a 30-day moving average of +$1 billion, above its long-term baseline. This indicates that net cash (stablecoins) inflows are dominant compared to net BTC and ETH withdrawals on exchanges, and the overall selling pressure in the market continues to ease.
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