XRP Faces Short-Term Risk As Whale Inflows Hit Binance, On-Chain Data Shows
XRP’s short-term setup is facing renewed pressure after a sharp burst of exchange inflows to Binance, with on-chain data showing that the move was driven primarily by large holders. The spike matters because it points to a sudden increase in potential sell-side supply at a time when broader market momentum remains weak. CryptoQuant contributor Darkfost flagged the move in a post on X today, tying the development to a softer backdrop for altcoins while Bitcoin remains rangebound. “BTC continues to range, offering limited directional clarity in the short term. This lack of momentum is....
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Bitcoin (BTC) continues to defend the $112,000 support level following days of tepid price action, unable to give a clear indication about the potential direction of its next move. Latest exchange data from Binance shows a recent dip in whale activity, suggesting BTC likely avoided another massive sell-off. Bitcoin Defends $112,000 Against Whale Sell-Off According to a CryptoQuant Quicktake post by contributor Arab Chain, recent data from the Binance crypto exchange shows that there was a sudden spike in whale activity on the exchange on September 7, when the BTC: Exchange Whale Ratio....
The current price range of Bitcoin may not relay much, but a change in ownership structure is taking place under the surface. Related Reading: Forget XRP Forecasts: The ‘Delusional’ Crowd Could Have The Last Laugh On-chain data from CryptoQuant shows that one cohort of market participants is stepping back from exchange activity at a pace not seen in nearly a year, while another is quietly rebuilding at a scale that demands attention. Whale Inflows On Binance Fall To Multi-Month Lows The 30-day sum of whale inflows to Binance has fallen massively in recent days, falling to $2.96 billion....
Bitcoin whale inflows are increasing as the price of BTC struggles to break past $19,500. Since hitting a new all-time high, Bitcoin (BTC) price has been unable to flip the $19,400 level to support. This is likely due to the possibility that whales are selling aggressively in the $19,400 to $19,600 range to prevent the all-time high from being breached. Above the record high, there is little resistance until a new ceiling is achieved.Bitcoin whale inflows into exchanges. Source: CryptoQuantWhales keep selling each time BTC nears the all-time high Data from both CryptoQuant and Whalemap....
On-chain data shows a Litecoin whale has withdrawn around $20 million in LTC from Binance, which could be bullish for the asset’s price. Litecoin Whale Has Just Made A Large Outflow From Binance According to data from the cryptocurrency transaction tracker service Whale Alert, a massive transfer has been spotted on the Litecoin blockchain during […]
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 […]