๐๐ข๐๐ ๐ข๐ฉ๐๐ฅ ๐๐ฌ๐ฃ๐: ๐๐๐ง๐๐ข๐๐ก ๐๐ง๐ ๐ ๐๐๐ง๐ฆ ๐๐ข๐ช๐๐ฆ๐ง ๐๐ซ๐๐๐๐ก๐๐ ๐๐ก๐๐๐ข๐ช๐ฆ ๐๐ก ๐ฌ๐๐๐ฅ๐ฆ
Despite soaring prices across major crypto assets, on-chain data shows investors arenโt rushing to sell. Instead, exchange inflows are plungingโsuggesting a growing long-term holding mindset.
โ Bitcoin Inflows Hit Multi-Year Low
โข On May 22, BTC hit an ATH of $111,861
โข Current exchange inflows: 22,000 BTC/day
โข Nov 2024 levels: 121,000 BTC/day
โข Investor deposits down from 98,000 to 29,000
โก๏ธ Conclusion: Even at all-time highs, Bitcoin holders aren't selling.
โ Ethereum Inflows Drop 70%
โข Daily ETH inflows: Down from 3.2M to 1M
โข Individual ETH deposits: 135,000 โ 15,000
โข ETH monthly price: +55%
โก๏ธ ETH holders are sitting tight despite major gains.
โ XRP Inflows Crater Post-Lawsuit Win
โข Daily XRP deposits: From 4B to 46M
โข Exchange deposit count: 2.1M โ 9,000
โข XRP monthly price: +11%
โก๏ธ Rippleโs legal clarity hasn't triggered mass sellingโquite the opposite.
โ Stablecoins Signal Firepower
โข USDT exchange reserves hit an ATH of $46.9B
โข CryptoQuant: โStablecoin growth = bullish liquidity conditionsโ
๐ช๐๐ฌ ๐ง๐๐๐ฆ ๐ ๐๐ง๐ง๐๐ฅ๐ฆ
Low inflows = low selling pressure
High USDT reserves = dry powder ready to deploy
Together, these trends suggest strong bullish sentiment and potential for continued upward momentum across the crypto market.