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:黄金TD)
- usdt_trc20钱包 高级版本V6.4.93_usdt冷钱包排名
- 炒币交易用什么软件更好?币圈最好用的十大炒币交易软件必看
- 币圈十大交易所排名 虚拟货币比特币交易平台有什么
- 51人品贷福州开通了吗?福州可以申请51人品贷么?
- 2025年全球最新十大比特币交易平台排名
- 易比特钱包
- 一立方米究竟等于多少立方厘米?一立方米等于多少立方厘米
- 以太坊正规交易所排行榜_以太坊安全交易平台
- 十大btc交易平台排行 10大中文btc交易所排行榜
- 比特币ETF的批准会引发模因币的牛市吗?
- 区域链交易平台|可用的三大数字货币软件榜单
- 美国虚拟货币交易平台
- 苹果能用的虚拟币交易软件 十大虚拟币交易ios应用排名
- 破产律师表示,FTX计划全额偿还客户但不会重启交易所
- oe交易所app下载 views+
- okx官方 views+
- 虚拟货币交易平台排名 views+
- 虚拟货币交易平台有哪些 views+
- 欧易交易所下载 views+
- okcoin交易平台 views+
- 亿欧app下载 views+
- okb交易所官网 views+
- 数字货币交易所 views+