Analysis: Tether outflows and Bitcoin inflows hint at short-term weakness

CryptoQuant contributor Onatt analyzed how on-chain data shows significant Tether (USDT) outflows from exchanges alongside an inflow of over 15,000 Bitcoin (BTC). Onatt suggests that despite recent price drops, selling pressure persists in spot markets, suggesting potential short-term downside. However, no macroeconomic factors indicate a prolonged bearish trend beyond this correction.