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 […]
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On-chain data shows the Bitcoin whales have ramped up their exchange outflows recently, a potential sign that big-money hands are accumulating. Bitcoin Whale Exchange Outflows Have Hit The 3.2% Mark In a new post on X, Glassnode lead research analyst CryptoVizArt has talked about the latest trend in the Exchange Whales Outflow indicator. This metric […]
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 […]
Ethereum whales have continued to accumulate despite the current downtrend in the ETH price, providing a bullish outlook for the second-largest crypto by market cap. Notably, ETH withdrawals from exchanges recently reached their highest level since October last year, totaling over $400 million. Ethereum Whales Accelerate Withdrawals From Exchanges Crypto analyst Arab Chain noted in a CryptoQuant analysis that rising Ethereum withdrawals from exchanges have reached their highest level since October. The analyst noted that the exchange netflow data over the past few days indicates a clear....
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....