Bitcoin Bearish Signal: Whales Ramp Up Dumping
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....
Related News
On-chain data shows the Bitcoin exchange whale ratio has spiked up recently, a signal that shows dumping may be going on in the market. Bitcoin Exchange Whale Ratio Surges Up As Price Declines As pointed out by an analyst in a CryptoQuant post, the BTC exchange whale ratio has risen to very high values recently. The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top 10 transactions to exchanges and the total amount of Bitcoin moving into exchanges. In simpler terms, this metric tells us what part of the total exchange inflows the ten....
On-chain data shows whale ratio has exceeded the 0.50 mark, historically a sign that whales are dumping in the short term. Bitcoin Whales Have Started Selling Their Coins As pointed out by a CryptoQuant post, the Bitcoin whale ratio has started going up above the 0.50 level. This signal has usually meant a bearish outlook for the crypto in the short term. The BTC all exchanges whale ratio is an indicator that gives an estimation of how many whales are sending their coins to exchanges. The metric does so by taking the sum of the top 10 transactions to each exchange and dividing it with the....
Data shows Bitcoin whales now account for 91% of the deposits going to exchanges, a trend that could be a bearish signal. Bitcoin Exchange Whale Ratio Surges To 91% As pointed out by a CryptoQuant post, the BTC all exchanges whale ratio has now risen to 91%, a historically bad sign for the crypto. The […]
On-chain data shows the Bitcoin exchange whale ratio has been going up recently, something that may be bearish for the price of the crypto. Bitcoin Exchange Whale Ratio Has Been Going Up In Recent Weeks As pointed out by an analyst in a CryptoQuant post, the current BTC whale ratio value suggests whales are still selling large amounts. 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. In simpler terms, what this metric tells is how much of the total inflows to....
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....