Darkfost: net inflows of currency stable in August exceeded $1 billion, with the year-on-year outflow trend unchanged

According to CryptoQuant analyst Darkfost, in August it recorded a net inflow of more than $1 billion in stable currency, but since the beginning of the year it has accumulated a net outflow of some $5.1 billion. During the same period, stable currency reserves on major exchanges decreased by over $16 billion and market liquidity continued to flow. Bitcoin rose by about 25 per cent in August and repositioned on $75,000. Darkfost noted that bitcoin could still enter a new adjustment phase if market demand could not be restored on a sustainable basis。