Bitcoin has recorded six consecutive days of extreme money flows in both directions, a pattern CryptoQuant contributor Axel Adler Jr. said has preceded price declines during the current cycle, although it does not necessarily signal another drop and may instead indicate short-term volatility. Exchange inflows peaked at nearly 50,000 BTC in late June, while Binance logged 48 consecutive days of net inflows through early June, increasing its reserves by about 40,000 BTC and reaching daily inflows of 8,800 BTC. U.S. spot Bitcoin ETFs recorded estimated June outflows of $4.06 billion to $4.51 billion, including nine- to 13-day withdrawal streaks. Large holders accumulated approximately 270,000 BTC during ETF outflow periods within two weeks, followed by roughly 60,000 BTC in August and September. The later accumulation coincided with CryptoQuant's Cycle Momentum indicator turning bullish for the first time in eight months and contrasted with sales by smaller wallet groups.