Bitcoin Whales Buy The Crash: Exchange Outflows At Highest In 2024
On-chain data suggests the Bitcoin whales could be accumulating the dip as spot exchanges have recently seen their largest withdrawal of 2024. Bitcoin Exchange Netflow Has Turned Deep Red Recently As pointed out by an analyst in a CryptoQuant Quicktake post, a large number of coins has left the spot exchanges recently. The indicator of […]
Related News
Bitcoin has broken above the $30,000 mark as on-chain data shows whales have been making some large outflows during the past day. Bitcoin Whales Have Made Large Exchange Outflows Today According to data from the on-chain analytics firm Santiment, 11 large BTC outflows were made from exchanges today. The relevant indicator here is the “exchange […]
Bitcoin on-chain data shows that the BTC outflows have been gradually heading downwards recently, hinting that a crash could be coming soon. On-Chain Data Shows BTC Outflows Continue To Decrease As pointed out by an Analyst on Twitter, on-chain data reveals Bitcoin outflows have been gradually going down in the past month. The relevant metric here is the BTC netflows. This indicator shows the net amount of coins exiting or entering exchange wallets. Its value is calculated by taking the difference between the inflows and the outflows. When the netflow shows negative values, it means....
Bitcoin has been on the rise again with positive sentiment returning after Donald Trump revealed plans to reduce tariffs on China. This suggests that an end to the tariff wars which began in January 2025 could be drawing to an end. Taking this as a sign, Bitcoin whales have begun to make moves once again. So far, they have bought almost 20,000 BTC, with BTC exchange outflows rising to levels not seen in over two years. Bitcoin Exchange Outflows Reach February 2023 Levels According to the on-chain data tracking platform CryptoQuant, more BTC has been flowing out of exchanges at levels that....
On-chain data shows a sharp spike in the Bitcoin exchange outflows, suggesting whales have been buying the dip to $39k. Bitcoin Exchange Outflows Show High Value Suggesting Whale Activity As pointed out by an analyst in a CryptoQuant post, the BTC exchange outflows have registered a large spike recently. The “exchange outflows” is an indicator that measures the total amount of Bitcoin currently exiting wallets of all exchanges. When the value of this indicator is high, it means investors are withdrawing a large amount of coins at the moment. Especially large values can imply....
Data shows Ethereum has recently observed its highest exchange net outflows in around two years, something that can be bullish for the ETH price. Ethereum Exchange Flow Balance Has Seen A Deep Red Spike Recently According to data from the on-chain analytics firm Santiment, investors have been withdrawing ETH from exchanges recently. The indicator of […]