Bitcoin Exchange Inflows Flash Rare Signal As Large Deposits Return
On-chain data shows the average Bitcoin exchange deposit has ballooned to a significant size, a potential sign that whales are making inflows. Average Bitcoin Exchange Inflow Hits 2.62 BTC As pointed out by CryptoQuant community analyst Maartunn in an X post, the mean Exchange Inflow has shot up for Bitcoin. The “Exchange Inflow” here refers to an indicator that keeps track of the BTC transactions that are heading toward centralized exchanges from self-custodial wallets. Related Reading: Dogecoin Network Comes Alive: Active Addresses Jump 28% In the context of the current....
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On-chain data shows the crypto exchange Coinbase Pro has received a large amount of Bitcoin inflows today, a sign that could prove to be bearish for the coin’s price. Coinbase Pro Observes Bitcoin Exchange Inflows Of About 3.5k BTC As pointed out by an analyst in a CryptoQuant post, Coinabse Pro has today received big […]
On-chain data shows the Bitcoin whale exchange inflows have remained down after hitting a local peak a while back, a sign that could prove to be bullish for the price of the crypto. Bitcoin Whales Aren’t Sending Many Coins To Exchanges Right Now As pointed out by an analyst in a CryptoQuant post, the BTC inflows made a peak recently and have remained down since, a signal that the bottom may be in for the coin. The “all exchanges inflow” is an indicator that measures the total amount of Bitcoin being transferred to wallets of all centralized exchanges. When the value of....
On-chain data shows Binance observed Bitcoin inflows of almost $200 million a couple of days back as BTC saw its plunge below $27,000. Binance Has Recently Received Large Bitcoin Deposits As pointed out by analyst James V. Straten in a post on X, inflows have recently occurred on the cryptocurrency exchange Binance. The relevant indicator […]
Bitcoin whales are depositing large amounts of Bitcoin into South Korean exchanges as BTC continues to rally. Bitcoin (BTC) whales in South Korea have been selling heavily across major exchanges throughout the past week. Data shows that multiple $100 million deposits to Bithumb have been spotted in the last three days alone.By volume, South Korea has a much smaller cryptocurrency exchange market compared to the United States. Yet, South Korea’s cryptocurrency exchanges have seen massive inflows that are comparable with other major markets.Large inflows into exchanges typically indicate....
Crypto analyst Mikybull Crypto has revealed the return of a technical indicator that represents a buy signal for Bitcoin. Based on his predictions, the flagship crypto could enjoy a massive rally that could eventually send its price as high as $130,000. Bitcoin Witnesses “Rare” Buy Signal Mikybull Crypto revealed in an X (formerly Twitter) post […]