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The largest inflows in 14 weeks, at $42 million, coincided with the crypto market's sharp downturn, triggered by the swift collapse of once-billionaire Sam Bankman-Fried’s business empire. Original Source
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The second largest cryptocurrency is making a new wave in space in inflows, Ethereum and its related products recorded massive inflows for
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Bitcoin (BTC) exchanges have seen huge volumes this month as price declines lead to renewed interest in trading.Data from sources including on-chain analytics firm Glassnode shows exchange inflows hitting their highest since March 2020."The scent of volatility is in the air"On Sept. 14, over 236,000 BTC made its way to
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Hochan Cheung, head of marketing at Korea-based analytics firm CryptoQuant, said the coins have been moved to derivative exchanges, which indicates investors are trying to hedge their position in case of price volatility around the Merge, slated to happen in three hours from now. Original Source
Read More“It is difficult to discern if this is a meaningful change in sentiment given its small size, although minor outflows were seen across a broad set of providers,” James Butterfill, CoinShares' investment strategist, wrote in the report. “It also comes at a time of low trading volume and a recovery
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On-chain data shows the Bitcoin whale exchange inflows have remained down after hitting a local peak a while back, a sign that could prove to be bullish for the price of the crypto. Bitcoin Whales Aren’t Sending Many Coins To Exchanges Right Now As pointed out by an analyst in a CryptoQuant
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Digital-asset investment products saw inflows totaling $474 million last month, nearly reversing June’s $481 million of outflows. Original Source
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On-chain data shows the Ethereum exchange inflows have declined to low values recently, a sign that could be bullish for the crypto’s price. Ethereum 7-day MA Exchange Inflows Have Gone Down In Recent Weeks As pointed out by an analyst in a CryptoQuant post, the ETH price has been reversing up as
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Institutional investors had been showing bearish sentiment towards Ethereum for the longest time. The second-largest cryptocurrency by market cap, which had initially caught their attention, was not doing as well as expected, and the outflows that followed were massive. However, it looks like sentiment among these large investors is beginning
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A ProShares product to bet against rising bitcoin prices saw millions of dollars in inflows last week. Original Source
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