Forwarded from CryptoQuant
3 Key Data Changes Before $BTC Drop
1. Exchange Whale Ratio was very high. The top 10 hourly deposits in each exchange take 90% of total inflows. - Pro Chart
2. Long-term Holder SOPR spiked, meaning some of the long-term holders tried to sell BTC. - Preset Alerts
3. Coinbase Premium Index fluctuated, possibly indicating the selling pressure mostly came from U.S. institutional investors. Bitcoin's price crashed alongside S&P 500 and NASDAQ-100. - Preset Alerts
@cryptoquant_official
1. Exchange Whale Ratio was very high. The top 10 hourly deposits in each exchange take 90% of total inflows. - Pro Chart
2. Long-term Holder SOPR spiked, meaning some of the long-term holders tried to sell BTC. - Preset Alerts
3. Coinbase Premium Index fluctuated, possibly indicating the selling pressure mostly came from U.S. institutional investors. Bitcoin's price crashed alongside S&P 500 and NASDAQ-100. - Preset Alerts
@cryptoquant_official