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CryptoQuant says bitcoin and altcoin exchange deposits have spiked, indicating higher volatility ahead
CryptoQuant reported a spike in Bitcoin and altcoin exchange deposits, with Bitcoin deposits reaching nearly 49,000 BTC, described as a 'rare extreme' occurring only four times this year. The firm suggests this trend may indicate higher volatility ahead.
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Adjacent reporting
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- Ether accumulation wallet balances increased by 33%: Is a rally to $3K next?
- BTC and ETH Trends Diverge: Crypto Investors Brace for 'The May Effect'
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