CryptoQuant Reports Minimal Selling Activity on Crypto Exchanges Despite Price Increase

Cryptocurrency assets have seen a surge in prices over recent weeks, but this has not triggered a rush to sell among investors, according to CryptoQuant. The report reveals a sharp decrease in inflow and deposits for leading cryptocurrencies such as bitcoin (BTC), ether (ETH), and Ripple's XRP, even as they reach and record all-time highs.

The decline in inflow suggests that investors are more inclined to hold than sell. The trend is also reflected in the number of individual deposits to trading platforms, which has significantly decreased. Conversely, the inflow of Tether (USDT) into exchanges continues to grow, with total USDT reserves on exchanges reaching an all-time high of $46.9 billion.

This increase in stablecoin balances indicates rising market liquidity, which is generally supportive of digital asset prices.