Ether exchange netflow highlights behavioral pattern of ETH whales
The Ethereum netflow chart shows that the spike in exchange flows has often come at a time when the price of ETH was trading at a short-term/long-term low. The exchange netflow of Ether (ETH) over the past couple of years highlights a behavioral pattern among Ether whales that market analysts believe is done to pump the price of the second-largest cryptocurrency.The “exchange netflow” is an indicator that measures the net amount of crypto entering or exiting wallets of all centralized exchanges. The metric's value is simply calculated by taking the difference between the exchange inflows....
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Whales are accumulating Bitcoin again, as per the data released by CryptoQuant that shows deeply negative BTC netflow. Yesterday, BTC dropped below $30k for the first time since the start of the year, but it quickly rebounded to around $32k. Signs That Show Rising Bitcoin Accumulation The “sign” to focus on here is BTC netflow […]
Quant explains how there may be a correlation between the Gemini Bitcoin netflow and BTC price tops, based on pattern of the last few years. Can Gemini Netflow Predict Bitcoin’s Price Tops? As posted by an analyst on CryptoQuant, the historical chart for the Gemini netflow (30-day MA) vs the price reveals there could be a correlation between the indicator and BTC tops. The Bitcoin netflow here refers to the net number of coins exiting or entering the crypto exchange Gemini. The indicator’s value is simply calculated by taking the difference between the inflows and the outflows.....
On-chain data may suggest huge Bitcoin inflows to crypto exchange Gemini might be the reason behind the recent dip. Huge Bitcoin Inflows To Crypto Exchange Gemini As pointed out by a CryptoQuant post, these BTC inflows to Gemini might be the reason for the current downwards trend in the crypto’s price. The Bitcoin inflow is an indicator that shows the amount of BTC transferred into exchange wallets. The opposite metric is called the outflow. The difference between the inflows and outflows gives the exchange netflow. When this indicator’s value is positive, it means inflows are....
The 10-largest Ethereum whales have accumulated roughly $10 billion, but their investment behavior suggests some are still hungry. Apart from the amount of Ethereum that the whales hold, another defining characteristic of the group is its investment behavior pattern: It goes long on its assets and, probably, on the ecosystem itself. Neither have the whales sold any significant portion of ETH throughout the life of their addresses nor have they transacted with their ETH. Unsurprisingly, four out of the 10 whales bought more Ether in the last year. Covalent’s latest findings in Cointelegraph....
According to on-chain analysis, some Ethereum indicators are showing signals that whales are continuing to accumulate the cryptocurrency. Ethereum Shows Negative Netflows As Exchange Reserves Continue The Downtrend As pointed out by a CryptoQuant post, ETH indicators seem to be moving in directions that suggest whales are continuing to accumulate. There are three important metrics to consider here: the all exchanges netflow, the all the exchanges reserve, and the unique Ethereum 2.0 depositors count. The all exchanges netflow is an indicator that shows the net amount of ETH entering or....