Data from sources including on-chain analytics firm Glassnode shows exchange inflows hitting their highest since March 2020.On Sept. 14, over 236,000 BTC made its way to the 1 major exchanges tracked by Glassnode.
This was the largest single-day spike since the chaos that surrounded Bitcoin’s dip to just $3,600 in March 2020.The sell-offs in May 2021 and May and June this year failed to match the tally, suggesting that more of the Bitcoin investor base is currently aiming to reduce exposure.both centralized and decentralized exchanges put the total inflow figure for the week through Sept. 13 at 1.69 million BTC.
Orcas vomited 11.8K coins but Minnows returned by the tens of thousands, presumably because alts are beginning to crumble. Exchange flows were tame today for the first day in three, but volume was still well above average. The scent of volatility is in the air.
WilliamSuberg It's time to buy, indeed. I bought some myself on Bitfinex recently, when BTC was below $20K.
WilliamSuberg Because there's no bigger buy signal than a record amount of BTC being sent to exchanges, right? 🙄🤣
WilliamSuberg Seems like a storm is brewing around the corner, I would be buying more if we get a black swan price movement 😁
WilliamSuberg Nobody carez, they all selling at loses. Bad business
WilliamSuberg Contraction still occurring with large potential downside to come. Not buying.
I dont think so, prefer wait for a while. Here prefer to keep eyeing $XRD along with doing research on it since im so excited on radix growth lately layer1
WilliamSuberg means ....more dump coming!
WilliamSuberg you can be a great time, although I am starting to buy a lot of $DIVI as their new roadmap will add solid features like; Second chance, NFT2.0, Fan Token, Loyalty2.0, Interoperability, and functions that will help your network grow divi crypto btc etereum musk binance
WilliamSuberg Lmfao.... 'No' it's definitely not time to buy ....
WilliamSuberg Up coming centralized exchange. Token pre-sell at low price. 1 IDEX2EX = 0.00001 BNB Token listening price in there exchange is 1 IDEX2EX = 0.00015 BNB 5% referrals instant commission in your wallet. 100x profit in week EthereumMerge Ethereum
WilliamSuberg This is hallucinatory gammee mmodifieer
WilliamSuberg Thanx, we need suckers in crypto
WilliamSuberg coins moving onto exchanges means a massive wall of selling is upon us
WilliamSuberg What happened in that month concerning financial market can not get off my head. One month after which is April, I entered many stock and Crypto position.
WilliamSuberg Big players have pumped a lot of money out of the stockmarket to pump it in the cryptomarket. Time to get rich.
WilliamSuberg Tons on BTC on xbank
Oh that's because there are more Bitcoin in the world now than there were before March 2020
Dump it!
They selling to buy $doge because they realize it’s a better ROI long term and they finally accepted that elonmusk is actually a crypto savior for supporting $doge
I wonder what it would be for? I became interested
matt_fxs just sharing further proof of your spot on analysis! Thanks again!
In other words, can I not worry about the Bitcoin supply on my bitfinex?
yes 🤝
🚀 Thnks a millon.
🚀 Thnks a millon.
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