koinmilyoner
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Bullish
📊 BTC Inflows Spike — Is a Supply Surge About to Hit the Market?
Bitcoin remained under $120,000 after the US Treasury said it would not buy it.
BTC is now worth $118,612, down 4.1% from its record high over $124,000 this week. The market is examining whether this consolidation period would restart the uptrend or prolong the slump.
Recent blockchain statistics has highlighted Binance, the world's biggest bitcoin exchange by volume.
CryptoQuant contributor CryptoOnchain reports that the exchange has seen one of the seven biggest average Bitcoin inflows in recent months.
The Mean Inflow indicator shows a higher volume of BTC moved into Binance wallets, maybe for selling, leveraged positions, or institutional portfolio modifications.
CryptoOnchain said big inflows frequently imply Bitcoin flowing from private wallets to exchange trading accounts. Without matching purchasing demand, supply increases might provide short-term selling pressure.
Binance's Bitcoin reserves are expanding due to the positive netflow trend, where inflows exceed withdrawals. Similar trends have preceded price volatility, especially when major holders sell equities or hedge with derivatives.
If inflows continue without a demand increase, the analyst predicts increasing short-term negative risk.
If these inflows generate considerable purchasing interest, they may provide liquidity for price movement. The question is whether exchange-held BTC is rising due to selling or smart positioning ahead of market events.
Arab Chain, another CryptoQuant contributor, studied Binance's Bitcoin ELR. The ratio of open interest to exchange reserves fell from its early August high above 0.27 to approximately 0.25 before rebounding.
Despite prices staying around $119,000, leverage has dropped, suggesting liquidated high-risk positions or profit-taking following strong price rises.
Arab Chain stated that a lower leverage ratio during price stability indicates that market support is coming from liquidity rather than speculation.
#BTC #MarketTurbulence #ETHTreasuryStrategy $BTC $ETH $XRP
Bitcoin remained under $120,000 after the US Treasury said it would not buy it.
BTC is now worth $118,612, down 4.1% from its record high over $124,000 this week. The market is examining whether this consolidation period would restart the uptrend or prolong the slump.
Recent blockchain statistics has highlighted Binance, the world's biggest bitcoin exchange by volume.
CryptoQuant contributor CryptoOnchain reports that the exchange has seen one of the seven biggest average Bitcoin inflows in recent months.
The Mean Inflow indicator shows a higher volume of BTC moved into Binance wallets, maybe for selling, leveraged positions, or institutional portfolio modifications.
CryptoOnchain said big inflows frequently imply Bitcoin flowing from private wallets to exchange trading accounts. Without matching purchasing demand, supply increases might provide short-term selling pressure.
Binance's Bitcoin reserves are expanding due to the positive netflow trend, where inflows exceed withdrawals. Similar trends have preceded price volatility, especially when major holders sell equities or hedge with derivatives.
If inflows continue without a demand increase, the analyst predicts increasing short-term negative risk.
If these inflows generate considerable purchasing interest, they may provide liquidity for price movement. The question is whether exchange-held BTC is rising due to selling or smart positioning ahead of market events.
Arab Chain, another CryptoQuant contributor, studied Binance's Bitcoin ELR. The ratio of open interest to exchange reserves fell from its early August high above 0.27 to approximately 0.25 before rebounding.
Despite prices staying around $119,000, leverage has dropped, suggesting liquidated high-risk positions or profit-taking following strong price rises.
Arab Chain stated that a lower leverage ratio during price stability indicates that market support is coming from liquidity rather than speculation.
#BTC #MarketTurbulence #ETHTreasuryStrategy $BTC $ETH $XRP
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
