Whales are dumping: 9,000 BTC hit exchanges in one day, nearly half from more than 100
$BTC transfers.
$ETH and altcoin deposit flows are also spiking. If big coins are heading to wallets… it may be time to brace for waves.
Context in a Nutshell
As crypto prices slump, on-chain data shows large holders rushing to return assets to exchanges. Bitcoin, Ethereum, and countless altcoins are piling up where selling is easiest, a strong signal that market sentiment may be shifting.
What You Should Know
CryptoQuant data reported by The Block shows a sharp increase in large deposits of Bitcoin, Ethereum, and other altcoins into exchanges during recent price declines.For Bitcoin: on one recent day, around 9,000 BTC flowed into exchanges, and 45 % of that came from large deposits of more than 100 BTC, a historically high share.The average deposit size for BTC has spiked from 0.6 BTC to 1.23 BTC, a year-high, signaling that big holders like whales or institutions are shifting coins onto exchanges.For Ethereum, even though total inflows did not soar, the share of large-deposit transfers increased. The average ETH deposit jumped to 41.7 ETH, the highest in nearly three years, amid recent price weakness.Altcoin flows aren't spared: CryptoQuant reports that daily deposit counts for a broad set of altcoins remain elevated with tens of thousands of transfers/day, continuing through the recent down-leg.CryptoQuant concludes that this surge in exchange deposit activity, especially from large holders, implies growing sell pressure as coins get positioned on exchanges, and the potential for liquidation or dumping rises.
Why Does This Matter?
Because asset flows onto exchanges are a powerful leading indicator: more coins in exchange wallets increase supply-side pressure and lower the barrier for mass sell-offs. When whales reposition en masse, liquidity dynamics and sentiment can shift fast, potentially triggering bigger dips even before retail notices.
Crypto is no longer just about charts and sentiment. On-chain flows may be writing the next chapter. Watch the deposit floodgates: once they crack, price moves fast.
#bitcoin #Ethereum #crypto $BNB