Bitcoin exchange net outflows averaged about 1,500 BTC a day on a 30-day moving basis, down from 3,000 a week earlier, according to CryptoQuant analyst Axel Adler Jr. in an Oct. 23 BlockBeats report.
Large September outflow leaves the window
Adler attributed the slowdown to a large Sept. 22 outflow leaving the calculation window, rather than substantial new bitcoin deposits. He also put a 30-day futures positioning indicator at 0.3, up from -0.5 a week earlier, interpreting the near-zero reading as more balanced positioning.
Source: BlockBeats, 2026-10-23 09:16:59 UTC.