BTC futures inflows signal end of bear market, analyst says

CryptoQuant contributor Crypto Sunmoon noted a distinct trend since March of BTC flowing more into futures exchanges than spot exchanges, a pattern similar to the one observed following the collapse of FTX. According to the analysis, the expansion of leveraged positions signals a recovery in investor sentiment, suggesting the bear market is nearing its end. This trend could be an early sign of a new bull cycle.