On-chain data suggests the Bitcoin whales could be accumulating the dip as spot exchanges have recently seen their largest withdrawal of 2024.
On-chain data shows Bitcoin whales may have quietly been accumulating at the recent price lows as exchanges have registered large withdrawals.
On-chain data shows the Bitcoin outflows from cryptocurrency exchange Coinbase have surged recently, a sign that could be bullish for BTC.
Data shows the combined Bitcoin exchange inflow and outflow volume has hit historically significant values, a sign that speculators are active.
On-chain data shows the Bitcoin supply on exchanges has seen a further plunge recently, now hitting lows not seen since December 2017.
Data shows Bitcoin exchange inflows and outflows have reached a stalemate as netflows aren’t leaning in any particular direction.
Data shows the monthly Bitcoin exchange outflows have reached a new all-time high as investors have been rushing to get their coins into personal w
On-chain data shows Bitcoin investors have been withdrawing large amounts from exchanges as distrust around them has grown recently.
Data shows Bitcoin whales took out 15.7k BTC from exchanges during recent weeks, the highest amount since June of this year.
Since bitcoin fell below $20,000, investors across all spheres have been taking this as an opportunity to fill up their bags.
