NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: XRP Price Predictions: AI Forecasts $4.40 By March 2026, Analysts Target Up To $6
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: XRP Price Predictions: AI Forecasts $4.40 By March 2026, Analysts Target Up To $6

Bitcoin Inflows Trend Up As Whales Continue Dumping

Keshav Verma
Keshav Verma
Last Updated: June 11, 2024 2:09 pm
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

On-chain data shows Bitcoin inflows are trending up, a sign that whales might be increasing their dumping. This could prove to be bearish for the coin.

Bitcoin Inflows Move Up As Whales Continue To Sell

As pointed out by a CryptoQuant post, on-chain data highlights that BTC inflows to exchanges have been going up.

The “all exchanges inflow” is an indicator that shows the amount of Bitcoin that holders are depositing to exchanges on a given day.

When the value of this metric moves up, it means more investors are sending their coins to exchanges. Holders usually deposit their BTC for withdrawing to fiat or for purchasing altcoins. So, this could be a sign of dumping, and may be bearish for the price.

On the other hand, when the inflows decrease in value, it implies not many investors are depositing their Bitcoin to exchanges. Such a trend may mean that holders aren’t interested in selling at the moment.

Now, here is a chart that shows the trend in the value of the BTC inflows over the past few months:

Bitcoin Inflows

Looks like the indicator's value has been trending up recently | Source: CryptoQuant

As the above graph highlights, BTC inflows have been on the rise lately. Before the crash in early December, the total inflows showed a sharp spike.

Related Reading | Weekend Volatility Awakens Bitcoin Buyers, Active Addresses

Following the crash, the indictor calmed briefly before observing big spikes again. This may show that selling in the market might still be continuing.

The above chart also has curves for two other indicators, the top ten whale inflows and the total inflow seven days mean. The latter, as its name already suggests, is just the seven days mean value of the normal metric.

While the former is a metric that shows how the top ten whale inflows contribute to the total inflows. Examining the graph, it seems like this indicator also had a spike recently, showing that whales might be increasing their dumping.

Related Reading | Bitcoin Hovers Below $50k After Weekend Wipeout – Crypto Roundup, Dec 6, 2021

Such a trend has usually been bearish for the price of the cryptocurrency. However, it hasn’t always been the case. But given the recent market environment, signs may not be in BTC’s favor.

BTC Price

At the time of writing, Bitcoin’s price floats around $49.1k, down 13% in the last seven days. Over the past month, the crypto has lost 27% in gains.

The below chart shows the trend in the price of BTC over the last five days.

Bitcoin Price Chart

BTC's price looks to be moving sideways again | Source: BTCUSD on TradingView

Since the crash, Bitcoin has mostly been in consolidation. Currently, it’s unclear when the coin might show some recovery.

Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant.com
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

The $13.5 Billion Liquidity Injection That Could Send Bitcoin And Crypto Prices Flying

Bitcoin has been struggling to build momentum in recent weeks, and the return of cash into the system is raising...

Scott Matherson 3 hours ago
Dogecoin: коррекция, паника и шанс для новых мемкоинов

Trend Reversal Puts Dogecoin On A Path To $0.188

Dogecoin has quietly been trying to find its footing again. The price has started to firm up after a period...

Sandra White 4 hours ago
Марио Мосбек успешно запустил YouTube-канал и разыграл $5 000 среди ранних подписчиков

Марио Мосбек успешно запустил YouTube-канал и разыграл $5 000 среди ранних подписчиков

Поклонники покера получили приятный сюрприз: амбассадор CoinPoker и профессиональный игрок мирового уровня Марио Мосбек официально запустил свой YouTube-канал и отметил...

Марина Орлова 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Binance Founder Crushes Bitcoin Critic In Game-Changing BTC Vs. Gold Debate

Scott Matherson 56 minutes ago
Bitcoin news

Is The Bitcoin Bottom In? Top Analyst Assigns 91.5% Probability

Jake Simmons 1 hour ago
Bitcoin

Here’s Why Bitcoin Volatility Sparks Fresh Attention On MicroStrategy

Godspower Owie 2 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後:2026年初頭に予想される動きと新興L2プロジェクトの行方

    ドージコイン...

    10 hours ago
  • イーサリアム...

    10 hours ago
  • リップル 今後:クジラが13億ドル規模のXRPを買い集めた重要データが示す新たな動きとは

    リップル...

    10 hours ago
  • ETF流出があっても強気基調が続く市場で、今見るべき仮想通貨 プレセールとは

    ...

    10 hours ago
  • 仮想通貨 おすすめ:NYSEが最大級のビットコイン保有企業を上場する中で注目すべき銘柄

    仮想通貨...

    10 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.