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:经济时评)
- ·移火币
- ·大连住房公积金比例-大连住房公积金比例单位和个人
- ·中国比特币和火币
- ·V 神二次创业,Zuzalu 公民的以太坊社会学实验
- ·前 Celsius 執行長 Alex Mashinsky 恐面臨 115 年監禁!請求傳喚關鍵證人自保
- ·在校证明有什么用-在校证明有什么用处
- ·购买材料的运输费计入什么科目
- ·以太币个人钱包
- ·Pi Network(PI)价格飙升逾9%,但主网访问和实用性问题依然存在
- ·夸克币平台
- ·在建工程以前年度损益调整会计分录怎么做
- ·比特币怎么保存 早期比特币怎么保存
- ·Brave浏览器集成Cardano区块链支持多链资产管理
- ·众合币价格
- ·贝莱德在 2025 年 5 月购买了多少比特币?
- ·狗狗币从 0.070 美元大关反弹 即将到来的交易时段至关重要
- · 欧易交易所 电脑
- · 亿欧交易所下载
- · okx官方
- · 欧易最新版本
- · 全球三大虚拟货币交易平台
- · 欧亿交易所怎么样。
- · 欧亿app官网正式版下载
- · okx交易所app官网链接
- · okcoin下载官方app
- · 易欧app官网下载