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：牌价)

• ·香港比特币地址有哪些？全球顶尖比特币地址交易量排名
• ·股票融券余额
• ·股票返佣金-股票返佣金犯法吗
• ·Polygon Labs提出将DeFi归类为“关键基础设施”的框架
• ·韩国拟推出韩元支撑稳定币以遏制资本外逃，加密政策或迎重大变革
• ·屎币怎么购买？ 屎币热钱包电脑版v6.8.6
• ·如果 Ripple 成功收购 Circle，XRP 的价格可能如下
• ·购买金税盘和维护费会计分录怎么做
• ·拍拍贷筹集一晚上了还是百分零是怎么回事？我该怎么办。
• ·如何破解私钥
• ·火币网交易手续
• ·马斯克与特朗普沙特共 Lunch，科技巨头齐聚利雅得
• ·天津上市股票-天津上市股票一览表
• ·钞市贷款利息多少？怎么申请钞市贷款啊？
• ·e特币下载软件
• ·上海公积金贷款放款时间