CryptoQuant: Bitcoin and altcoin exchange inflows surge, may signal increased market volatility

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CryptoQuant Research Director Julio Moreno said that on June 30, Bitcoin inflows into exchanges approached 49k BTC, an extreme level seen only a few times this year. Historically, inflows of similar magnitude are usually accompanied by increased market volatility and clear directional price changes. Currently, large holders are the main driving force behind this round of capital inflows, with the average single deposit size rising from about 1 BTC to 2 BTC, reflecting that whales and institutional investors are transferring more Bitcoin to exchanges. At the same time, Ethereum inflows into exchanges rose to over 1.25 million ETH, and the number of altcoin deposit transactions also climbed to a near two-month high. CryptoQuant believes that simultaneous surges in inflows of Bitcoin, Ethereum, and altcoins often indicate a broader increase in risk aversion and may signal further volatility in the crypto market in the future. (The Block)
BTC1.29%
ETH1.81%
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GateUser-f92ba9fa
· 6h ago
Every time there's an extreme inflow like this, nothing good follows. Historical data doesn't lie—get ready for volatility.
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TheNemesisOfFomo
· 7h ago
Average single trade from 1 to 2 BTC, are whales distributing in batches or rotating positions? This signal needs close watching.
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GateUser-1bc81bb2
· 7h ago
Whales are starting to move. 49k coins is not a small amount; it feels like there will be major volatility.
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PublicBlockchainUnderTheAurora
· 7h ago
ETH 1.25 million coins inflow is even more exaggerated, altcoins are following suit, risk aversion is maxed out, reducing positions and waiting.
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