Whales have moved nearly 50,000 BTC to exchanges, and ETH is entering at a million-level scale. This signal doesn't look good; it feels like a storm is coming.

CryptoQuant Head of Research Julio Moreno pointed out that on June 30, nearly 49k BTC flowed into exchanges, an extreme level rarely seen this year, driven primarily by large holders, with the average single deposit amount rising from about 1 BTC to 2 BTC. Over 1.25 million ETH flowed in, and the number of altcoin deposits also increased. Overall, large inflows of BTC/ETH/altcoins typically signal rising risk aversion, and volatility may increase in the future.