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:时讯)
- ·牛顿币未来行情
- ·恒星币最新行情价格
- ·LBank 荣登 CoinGecko 全球十大加密交易所,百倍币比例位居第一
- ·51人品贷额度提额技巧有哪些?我想提升51人品贷额度。
- ·请问广发信用卡逾期不还会有什么后果?
- ·特朗普与加密精英的晚宴:1.48亿美元入场券背后的权力游戏
- ·贝莱德CEO预测未来资金将流向欧洲和亚洲市场
- ·neocoin多少个
- ·什么云会下什么雨-什么云会下什么雨的成语
- ·Celestia宣布集成Hyperlane为其原生互操作性解决方案
- ·公司刷信用卡怎么做会计分录
- ·入局 Web3,索尼为何不直接选比特币?
- ·捷信分期严重逾期后果是什么?我已经产生严重逾期行为了。
- ·南京公积金查询个人账户
- ·火币网交易平台莱特币
- ·中国有无虚拟货币交易平台_数字货币交易平台排行
- · 虚拟货币交易平台排名
- · OK交易所官网入口登录
- · 亿欧app下载
- · okcoin交易平台
- · 欧亿app官网正式版下载
- · 欧易开户
- · 数字货币交易所
- · 虚拟货币交易平台排名
- · okcoin下载官方app
- · 欧易app官方下载入口