CryptoQuant: Bitcoin exchange deposit addresses reach multi-year low, indicating possible easing of selling pressure
The Bitcoin exchange deposit address indicator, compiled by CryptoQuant, a blockchain data analysis company, is at its lowest level since 2016, which may indicate a decrease in selling pressure.
The Bitcoin exchange deposit address indicator represents the number of addresses that send incoming transactions to centralized exchanges. According to a recent research report by CryptoQuant, the number of deposit addresses has dropped to 132100, the lowest level in many years. Its analysis suggests that this multi-year low indicates a decrease in the number of investors selling Bitcoin on spot exchanges, which may mean a decrease in selling pressure.
CryptoQuant research leader Julio Moreno said in an interview with The Block, "Generally speaking, seeing a decrease in deposits to exchanges may indicate a decrease in selling pressure, as there are fewer bitcoins available for sale
However, Moreno added that when the amount of deposits being made to the exchange decreases, it may not only indicate that people are less interested in selling their Bitcoin, but also mean a decrease in overall demand for Bitcoin, as fewer and fewer traders deposit to bet on price increases. He explained:
Some traders deposit on derivative exchanges to open long positions, betting on price increases. In this regard, a decrease in deposits may also mean a decrease in demand for Bitcoin
Another indicator also shows the decreasing monthly supply of Bitcoin liquidity in centralized exchanges. According to CryptoQuant's data, the number of bitcoins in centralized exchanges has decreased by about 470000 since the beginning of this year, a decrease of about 15% from January to September. This trend is reducing the liquidity supply of Bitcoin and may indicate that investors are withdrawing their Bitcoin as part of a long-term holding strategy.
data source
(责任编辑:商业)
- Solana模因币5月交易量飙升至10亿美元,市场主导地位显著提升
- bitz交易所
- 华夏全球股票经理
- 初灵信息:将继续强化自主创新与研发,探索与运营商和政企客户的深度合作推动企业数智应用发展
- 国产联盟链云平台
- 猪肉现在多少钱一斤
- 修改 Blob 的定价机制,是否真能让 ETH 突破困境?
- 涨停揭秘 | 英洛华首板涨停,封板资金7146.42万元
- CFTC 专员 Mersinger 表示,永久加密货币期货可能很快会在美国交易
- 格林精密发生2笔大宗交易,买方为机构席位
- 以太币行情k线图-以太币k线走势
- 深入探讨币安量化交易技巧,助投资者在数字货币市场稳妥盈利
- 币币量化软件_top10btc平台排名汇总
- 10月31日汇添富社会责任混合D净值下跌1.14%,近1个月累计下跌4.21%
- 澳柯玛收盘跌4.73%,主力资金净流出8872.27万元
- 币安交易额实现百万个“小目标”,Richard仍说要放眼大未来
- 空投「造富幻梦」破碎后,撤出 Scroll 的资金该如何配置?
- 旅游保险要怎么买呢?有哪些投保的方式呢?
- 专项附加扣除工资表怎么做
- 港股异动 | 西部水泥(02233)现涨超3% 公司产能布局逐步完善 海外为核心增量
- OK交易所官网入口登录 views+
- 数字货币交易所 views+
- okx交易所app官网 views+
- okx官方 views+
- 0kx交易所官网 views+
- 易欧app官网下载 views+
- 数字货币交易app views+
- 加密货币交易所 views+
- okcoin交易平台 views+