XRP ETF Demand Explodes With $75M Inflows As Whales Circle
Tuttle Capital has filed for an XRP Income Blast ETF, the latest sign that Wall Street’s appetite for XRP exposure is growing faster than the market seems to notice. Related Reading: Stablecoins Go Institutional As Morgan Stanley Rolls Out New Portfolio The filing came as US spot XRP ETFs quietly pulled in more than $75 million in April — drawing almost no attention while traders focused on Bitcoin and Ethereum. Institutions Accumulate With Little Noise Data from SoSoValue shows US spot XRP ETFs now collectively hold $1.08 billion — equal to 1.20% of the token’s total supply.....
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A huge sell wall at $20,000 may see a major transfer of wealth from whales to institutions based on current data. Bitcoin (BTC) whales appear to be selling to institutions as the supply squeeze tightens below $20,000.Data from various sources shows that while more BTC returned to exchanges this week, large-scale buyers are still creating more demand than supply can meet.Exchange inflows and Grayscale buy-insStatistics from on-chain analytics service Coin98 confirmed that investment giant Grayscale bought twice as much Bitcoin as miners could create in November. Grayscale Bitcoin buys....
Recent on-chain data suggests that Bitcoin (BTC) whales may be preparing for a potential rally, as Binance BTC withdrawals have seen a notable spike. Additionally, rising stablecoin inflows to exchanges indicate growing buy-side liquidity, reinforcing the market’s bullish sentiment. Bitcoin Whales Foreseeing Major Rally Ahead? According to a recent CryptoQuant Quicktake post by contributor Amr Taha, Bitcoin whales recorded one of the largest BTC outflows from Binance this month. The chart below shows that nearly 4,500 BTC were withdrawn on June 16. Bitcoin whales are defined as wallet....
On-chain data shows the Bitcoin exchange whale ratio has started to sharply rise, a sign that these humongous holders may be beginning to dump. Whales Are Behind Almost 90% Of Bitcoin Exchange Inflows Right Now As pointed out by an analyst in a CryptoQuant post, whales may be ramping up dumping, a sign that could be bearish for the price of BTC. The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top ten Bitcoin transactions to exchanges and the total exchange inflows. Since the 10 biggest transactions to exchanges usually belong to the....
On-chain data shows Bitcoin inflows are trending up, a sign that whales might be increasing their dumping. This could prove to be bearish for the coin. Bitcoin Inflows Move Up As Whales Continue To Sell As pointed out by a CryptoQuant post, on-chain data highlights that BTC inflows to exchanges have been going up. The “all exchanges inflow” is an indicator that shows the amount of Bitcoin that holders are depositing to exchanges on a given day. When the value of this metric moves up, it means more investors are sending their coins to exchanges. Holders usually deposit their BTC....
On-chain data shows Bitcoin whale inflows to exchanges have remained at highest ever levels recently, suggesting that the latest recovery above $22k may not last too long. Bitcoin Top 10 Exchange Inflows Have Been Elevated In Recent Days As pointed out by an analyst in a CryptoQuant post, the current whale deposits to exchanges are at their highest value in the history of the crypto. The “all exchanges inflow” is an indicator that measures the total amount of Bitcoin currently entering into wallets of all centralized exchanges. The sum of the top ten inflows, specifically,....