CryptoQuant Alert
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$BTC is still undervalued according to NVM ratio.

One of the promising on-chain valuation models is NVM(Network Value to Metcalfe) ratio.

β€œMetcalfe's Law,” says that a network's value is proportional to the square of the number of nodes(addresses) in the network.

View Chart | What's NVM?
$BTC dumping is not going to happen.

All Exchanges Inflow Mean usually indicates how many whales are active on exchanges. Above 2 BTC is the danger zone, and we're still in the safe zone.

View Chart | @cryptoquant_alert
#OKEX outflow became zero after suspending withdrawals. $BTC plunged sharply right after the OKEX's announcement.

View Charts
🐳🐳 2,152 #BTC ($24,347,899)
aggregated inflows to #Binance

Be careful volatility due to increased trading volume
View Chart | @cryptoquant_alert
βœ… Unusual Exchange Outflows
7,116 #BTC ($80,520,082)
aggregated outflows from multiple exchanges in an hour

Reduce downside risk as not selling coins on exchanges

1. Gemini 5,195 BTC (73%)
2. Huobi Global 669 BTC (9%)
3. Binance 427 BTC (5%)


View Chart | @cryptoquant_alert
🐳 1,015 #BTC ($11,452,012)
aggregated inflows to #Binance

Be careful volatility due to increased trading volume
View Chart | @cryptoquant_alert
🚨 Unusual Miner Outflows
545 #BTC ($6,170,670)
aggregated outflows from multiple miners

Be careful volatility as possibly sending coins to exchanges (No effect on price if it's OTC trade)

1. Unknown_m1 545 BTC (99%)
2. Viabtc 0 BTC (0%)
3. Poolin 0 BTC (0%)


View Chart | @cryptoquant_alert
🐳 1,140 #BTC ($12,937,579)
aggregated inflows to #Binance

Be careful volatility due to increased trading volume
View Chart | @cryptoquant_alert
πŸ€”1
As you've seen, Glassnode and Whale Alert says there were a lot of withdrawals on OKEx. But according to our data, it's just internal transfers and Whale Alert just admitted it.

Nothing has been withdrawn from the OKEx for now.
https://twitter.com/whale_alert/status/1317115833513070596
🐳 1,303 #BTC ($14,905,172)
aggregated inflows to #Binance

Be careful volatility due to increased trading volume
View Chart | @cryptoquant_alert
🚨 1,124 #BTC ($12,852,487)
aggregated inflows to #Bithumb

Be careful downside risk from whale dumping
View Chart | @cryptoquant_alert
🐳 1,201 #BTC ($13,837,025)
aggregated inflows to #Binance

Be careful volatility due to increased trading volume
View Chart | @cryptoquant_alert
🐳 1,326 #BTC ($15,456,877)
aggregated inflows to #Binance

Be careful volatility due to increased trading volume
View Chart | @cryptoquant_alert
🐳 1,071 #BTC ($12,534,244)
aggregated inflows to #Binance

Be careful volatility due to increased trading volume
View Chart | @cryptoquant_alert
🐳 1,218 #BTC ($14,480,014)
aggregated inflows to #Binance

Be careful volatility due to increased trading volume
View Chart | @cryptoquant_alert