cryptd.in

另类 LinkedIn 适合加密人才

Bitcoin LTH Inflow On Binance Surges Tenfold Within Days — What This Could Mean

-

由

cryptd.in
于

After briefly taking on a structure suggesting an imminent recuperation from the October 10 market downturn, the Bitcoin price appears to be heading into the weekend with a clear bearish outlook. According to data from recent on-chain analysis, the world’s largest cryptocurrency still faces an even higher risk of increased bearish pressure, which may lead to a deeper correction over the next few weeks.

Binance Records Daily High Of 40 BTC Inflows

In an October 17 post on the social media platform X, pseudonymous on-chain analyst Darkfost revealed a shift in the behavior of market participants within Bitcoin’s oldest investor class.

In the post on X, the analyst referenced results from the Binance Exchange Inflow — Spent Output Age Bands metric, which tracks the amount of Bitcoin sent to Binance, and the age of these coins being sent out. In this case, transactions from the long-term holders (based on their age) were tracked.

Darkfost explained that the 7-day Moving Average (MA) of these BTC inflows on Binance has seen a rise to 40 BTC per day within just a short period of time. What’s more interesting is that the 7-day MA jumped from around 4 BTC per day to this local high.

When compared to previous levels, a sudden rise to about 40 Bitcoins per day could be significant news for the world’s leading cryptocurrency.

What This Means For Bitcoin Price

Because Bitcoin’s long-term holders hold more than 80 percent of its total supply, their actions across exchanges tend to heavily affect price volatility. Darkfost further explained how recent LTH activity could affect market dynamics.

Backed by historical occurrences, the analyst made it clear that increasing inflows of BTC to Binance also point to a potential increase in selling pressure; this is because transfers to exchanges are often associated with selling activity, as they act as mediums for quick sell-offs or profit-taking.

When long-term holders begin moving their holdings to exchanges, they are known to move them in large quantities, and evidently not without intent. Interestingly, the surge in Binance inflows preceded LTH profit taking — an event which ignited the most recent crash seen by the Bitcoin market, and the simultaneous reintegration into market supply of “ancient BTC.”

比特币

From the chart shared by Darkfost, the inflow levels seem to be maintaining fairly good levels. While this might be good in the short term, the analyst advised that it would be best to watch out for its upward trend. “Should it continue to accelerate, it could indicate a shift in LTH positioning and potentially mark the beginning of a short-term distribution phase,” the analyst added.

As of press time, Bitcoin is valued at approximately $107,085, reflecting an almost 2% decline in the past day.

比特币

评论

發佈留言

發佈留言必須填寫的電子郵件地址不會公開。 必填欄位標示為 *

最新信息

热门类别

zh_TW 繁體中文
zh_TW 繁體中文 en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (402) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (72) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (65) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (5) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接，希望与大家分享。