Institutions Begin Pulling Bitcoin into Exchanges

When the Institutional Custody Net Flow, OTC buying side liquidity flow, and BTC price are read together in the chart, a strong bullish momentum has not yet been fully achieved in the short term.

Recently, the net flow has been in positive territory. This increases the possibility of a return to accumulation on the institutional side. It could also be preparation for selling.

The fact that the price has been able to hold above the 80K region for a long time, despite the sharp negative spikes seen in the chart, indicates that the selling pressure in the market is not as strong as before in pushing the price down.

Especially in the last section, the BTC price is recovering from the bottom. With each recovery, the net flow starts approaching the positive side again. In addition, despite the extreme negative pressure in OTC flow, the price is not producing a collapse.

This combination is usually seen during periods of seller fatigue. That is, even if selling or transfer movements continue on the institutional side, demand may have started to form in the market to meet this supply. The moment this demand starts to decrease, the bottom we are expecting may come.

The volatility in OTC flow is still very high in the chart. Corporate movements haven't fully entered a strong positive zone. The price doesn't yet appear to have completely broken the previous main downtrend. Therefore, if sustained levels above 80K cannot be achieved in the short term, the likelihood of a stronger decline increases. $BTC