[Analysis Indicates Continued Easing of Market Selling Pressure, Positive Net Price Spread on Exchanges] On October 29, CryptoQuant analyst Axel stated that the net price spread on exchanges (stablecoin net inflow - BTC+ETH net outflow) remains in the positive range, with the 30-day moving average at +1 billion USD, higher than the long-term baseline. This indicates that stablecoin inflows dominate, while the net withdrawal of BTC and ETH from exchanges is relatively low, suggesting that overall market selling pressure continues to ease.