Thursday, May 15, 2025
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Can Bitcoin whale deposits to exchanges actually predict BTC price?

Traders are increasingly checking on-chain data to "predict" both the short-term and long-term price trend of Bitcoin (BTC) using such platforms as CryptoQuant, Glassnode and WhaleAlert. Particularly, data points such as Bitcoin exchange inflows, outflows, and stablecoin inflows are actively used by traders to anticipate where BTC may go next.

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Buy-the-dip signal? Ethereum sees surprise gain vs. Bitcoin despite BTC drop

Bitcoin’s (BTC) price made another new all-time high above $60,000 during the weekend. However, the same cannot be said for Ether (ETH), and the market in general didn’t show much strength thereafter for continuation. In result, BTC price dropped by 7% over the past 24 hours.During this pullback, ETH also dropped in its

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