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via Decrypt · By Decrypt Editorial

Bitcoin to $53K? Exchange Deposits Jump as Analysts Warn of Increased Volatility

BTC

BTC/USDT

$62,609.91
+0.08%
24h Volume

$8,807,016,807.85

24h H/L

$63,461.99 / $62,436.59

Change: $1,025.40 (1.64%)

Long/Short
61.6%
Long: 61.6%Short: 38.4%
Funding Rate

+0.0040%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,646.83

-0.79%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,848.91
Resistance 1$63,117.74
Price$62,646.83
Support 1$61,603.59
Support 2$57,800.19
Support 3$50,986.64
Pivot (PP):$62,742.48
Trend:Downtrend
RSI (14):48.0
DE
Decrypt Editorial
(04:57 PM UTC)
1 min read
OB
Verified byOlivia Bennett
1196 views
0 comments

In brief

  • Bitcoin deposits spiked to nearly 50,000 BTC per day in the last week, CryptoQuant said.
  • The average size of deposits doubled to approximately 2 BTC, pointing to action from institutional and whale investors.
  • Historically, this level of deposits has preceded sharp price volatility.

Bitcoin deposits to centralized exchanges—often a precursor for sales—spiked in the last week as BTC fell…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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