The 100-day moving average of Bitcoin Exchange Netflow is approaching its historical low.

The-100-day-moving-average-of-Bitcoin-Exchange-Netflow-is-approaching-its-histor

The historical low for Bitcoin Exchange Netflow occurred in February 2023, when Bitcoin experienced the lowest price of this cycle. The value of this metric at that time was -3.657K. Now, nearly two years later, Bitcoin is once again approaching this value. Currently, the value of this metric is around -3.38K. This could be an indication of a potential re-accumulation of Bitcoin.