BUSINESSBITCOIN MAGAZINE
Bitcoin Exchange Inflows Spike to 49,000 BTC in a Day, Signaling More Volatility is Coming: Report
Bitcoin exchange inflows surged to 49,000 BTC in a day, with similar patterns historically preceding price declines. Ethereum inflows exceeded 1.25 million ETH, and altcoin deposits hit a two-month high, yet Bitcoin's price rose above $60,000 despite the data. The report highlights large deposit sizes as a bearish signal, but macroeconomic factors like Fed commentary influenced the recent price rebound.
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Adjacent reporting
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