🐋 Large investors are transferring $BTC to exchanges



After the bitcoin exchange rate reached the updated ATH, the volume of transfers of the asset to exchanges by large wallets increased sharply, the figure is at the level of early November 2024.

Perhaps this indicates that the trend of profit taking is intensifying or that investors are shifting their attention to other assets. The miners have also become active, they again began to actively sell the first cryptocurrency, liquidating almost all the production in a day.

Ethereum is not on the sidelines either, the daily inflow of $ETH on exchanges has reached record highs since the end of February. No such trend is observed in other altcoins - traders are in no hurry to get rid of them.
ETH4.69%
BTC0.72%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)