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🔊JUST IN: Exchange outflows just printed one of the largest spikes in history. Every major outflow event on this chart marked the start of a huge leg up. If the current outflow is among the largest in history, it indicates a strong directional shift of capital. On a historical chart, these spikes often coincide with extreme market sentiment—fear, uncertainty, or anticipation of major policy changes. The market interprets the outflows as a clearing of weak hands, a liquidity event, or a contrarian signal. $BTC
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