CryptoQuant closed beta users already knew that the bull market was going to start a few days ago.
Stablecoin chart by Yadox
Editor's pick - Byzantine General's Thread
Stablecoin chart by Yadox
Editor's pick - Byzantine General's Thread
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How would bitcoin whales react to the US election?
Spot Exchanges' Inflow Mean is the average amount of bitcoin deposited on the spot exchanges, including US exchanges like #Coinbase, #Gemini, #Bittrex. Whales in US spot exchanges are not active for now.
- Over 2 BTC: High risk of dumping 🚨
- Under 1.5 BTC: Safe from dumping ✅
View Chart
Spot Exchanges' Inflow Mean is the average amount of bitcoin deposited on the spot exchanges, including US exchanges like #Coinbase, #Gemini, #Bittrex. Whales in US spot exchanges are not active for now.
- Over 2 BTC: High risk of dumping 🚨
- Under 1.5 BTC: Safe from dumping ✅
View Chart
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: Our bot automatically informs you of any significant on-chain data changes in real-time. We'll share the list of alerts we provide.
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: Our team and analyst partners will interpret the market situation and on-chain data changes.
@cryptoquant_alert 🚨
: Our bot automatically informs you of any significant on-chain data changes in real-time. We'll share the list of alerts we provide.
@cryptoquant_official 💁
: Our team and analyst partners will interpret the market situation and on-chain data changes.
We're going to see an immense wave of buying soon as stragglers with usdt locked up in defi protocols capitulate out of their dwindling yields and into bitcoin
(stablecoin supply ratio (SSR) in blue)
Analyst: Young Tilopa
(stablecoin supply ratio (SSR) in blue)
Analyst: Young Tilopa
Since last 12.5k top, #btc has seen less and less inflows to exchanges, meaning sell side liquidity is decreasing. For whatever narrative you want to attribute to this, it is bullish. IMO the day Paul Tudor Jones said he was going into $btc macro changed.
Analyst: Tradeboi Carti
Analyst: Tradeboi Carti
BTC Inflow Mean for all exchanges by block just hit 22 BTC. It seems whales are depositing. Might cause a small drop.
View Chart | Set Alert | @cryptoquant_official
View Chart | Set Alert | @cryptoquant_official
$BTC Estimated Leverage Ratio at Binance hits the all-time high.
View Chart | Set Alert | @cryptoquant_official
View Chart | Set Alert | @cryptoquant_official
$BTC Bulls are not safe in the short term.
Overlaying an inflow mean (7MA) of all spot exchanges you can see we have entered the danger zone, exceeding the level that has resulted in 4 historical corrections (excluding March anomaly). Caution warranted here
Analyst: TimelessBeing
Overlaying an inflow mean (7MA) of all spot exchanges you can see we have entered the danger zone, exceeding the level that has resulted in 4 historical corrections (excluding March anomaly). Caution warranted here
Analyst: TimelessBeing
21 daily EMA on Stablecoins Inflow
Could be used as an indicator (similar to OBV)
simple TA:
A break of trendline = increase in stablecoins inflow compared to latest period = BUY signal
Analyst: Coiner-Yadox
Could be used as an indicator (similar to OBV)
simple TA:
A break of trendline = increase in stablecoins inflow compared to latest period = BUY signal
Analyst: Coiner-Yadox
Since the 'rona crash, more and more #bitcoin are being taken off the exchanges, meaning that less bitcoins are available in circulation on the exchanges to be sold immediately = Bullish.
Many said that $BTC could not prove itself, but this chart shows us again the opposite imo.
Analyst: Blackbeard
Many said that $BTC could not prove itself, but this chart shows us again the opposite imo.
Analyst: Blackbeard
It seems miners started to sell some Bitcoins.
You might want to set an alert for "Miner to Exchange Transactions Count Flow." BTC price drops when this hourly value goes above 120.
View Chart | Set Alert | @cryptoquant_official
You might want to set an alert for "Miner to Exchange Transactions Count Flow." BTC price drops when this hourly value goes above 120.
View Chart | Set Alert | @cryptoquant_official
In October, we saw more days of outflows than inflows of Bitcoin in a ratio of 20:11. This was bullish and correlated with the price increase. October 2nd was the highest day of outflows and was a negative 28.429 and is the highest Netflow this year.
As you can see from the chart, the price continued to rise after that coming from $10,571 where it was sitting at the time. Since then, another cluster of negative Netflow around the 16th of October when another spike was made and was a negative 17.777. On those days that the inflow was higher, the Netflow's highest point was on October 9th and was around 6726. The month ended with another significant negative outflow of 8536.
This removal of Bitcoin from the exchanges is looked at as a bullish sign. It usually indicates that the market participants are getting ready to hold Bitcoin in the upcoming period.
Source: Upblock.io | View Chart
As you can see from the chart, the price continued to rise after that coming from $10,571 where it was sitting at the time. Since then, another cluster of negative Netflow around the 16th of October when another spike was made and was a negative 17.777. On those days that the inflow was higher, the Netflow's highest point was on October 9th and was around 6726. The month ended with another significant negative outflow of 8536.
This removal of Bitcoin from the exchanges is looked at as a bullish sign. It usually indicates that the market participants are getting ready to hold Bitcoin in the upcoming period.
Source: Upblock.io | View Chart
There has been an exodus of Bitcoin reserves on cryptocurrency exchanges this year. The stock of Bitcoin on exchanges is down 25% year to date.
This lack of tradable Bitcoin causes a supply shock to potential buyers, also likely driven by the halving dynamic, and increases the probability of positive price movements. This is typical of the start of a bull market.
The chart below highlights (vertical orange lines) every time the supply of Bitcoin on exchanges dropped more than 5% over a month. All cases except one saw a significant price climb in the following months. That’s a 89% bullish hit rate.
Source: Capriole.io | View Charts
This lack of tradable Bitcoin causes a supply shock to potential buyers, also likely driven by the halving dynamic, and increases the probability of positive price movements. This is typical of the start of a bull market.
The chart below highlights (vertical orange lines) every time the supply of Bitcoin on exchanges dropped more than 5% over a month. All cases except one saw a significant price climb in the following months. That’s a 89% bullish hit rate.
Source: Capriole.io | View Charts
The estimated leverage ratio of #Binance $BTC futures dropped, but still high.
View Charts | @cryptoquant_alert
View Charts | @cryptoquant_alert
$BTC whales are active on exchanges.
All Exchange Inflow Mean for spot exchanges started touching the danger zone. Above 2 BTC indicates that whales are depositing on exchanges.
I'd recommend to keep on eyes on this chart to time when to sell BTC.
Analyst: Ki Young Ju | View Chart
All Exchange Inflow Mean for spot exchanges started touching the danger zone. Above 2 BTC indicates that whales are depositing on exchanges.
I'd recommend to keep on eyes on this chart to time when to sell BTC.
Analyst: Ki Young Ju | View Chart
$BTC price soared right after the number of stable coin deposits increased.
View Chart | @cryptoquant_official
View Chart | @cryptoquant_official
We might have small $BTC drops but In the long run, we're safe from mass-dumping.
The 90-day moving average of the Exchange Whale Ratio is still low.
Analyst: Ki Young Ju | View Chart
The 90-day moving average of the Exchange Whale Ratio is still low.
Analyst: Ki Young Ju | View Chart