Bitcoin Inflows to Deposit Wallets Spike to Bear Market Levels, Raising Exhaustion Fears
Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News More than 106,000 BTC flowed into Binance deposit addresses on April 21, with another roughly 130,000 BTC hitting OKX, volumes not seen since the tail end of the last bear market, according to on-chain analyst Darkfost. The timing is worth paying attention to, as Bitcoin has been grinding sideways for nearly three months now, and the data suggests the market may be running out of patience before it runs out of sellers. For context on the numbers, Binance averages around 44,000 BTC in daily deposit-address inflows across the year, and OKX averages around 74,000, meaning Tuesday’s readings were more than double
Source: https://cryptopotato.com/bitcoin-inflows-to-deposit-wallets-spike-to-bear-market-levels-raising-exhaustion-fears/
