Data: Whale inflows to a certain exchange reached $5.56 billions in the past 30 days
According to ChainCatcher, CryptoQuant analyst Maartunn has monitored that in the past 30 days, whale inflows of transactions exceeding 1,000 BTC into a certain exchange have reached $5.56 billions.
This metric is used to track significant whale capital inflows, which have a major impact on bitcoin price trends. Data shows there have been notable peaks in capital inflows, with total inflows reaching $1.07 billions, including the following large transactions: 04:00: $43.74 million, 08:00: $21.63 million + $162.24 million, 10:00: $143.77 million + $323.43 million, 17:00: $39.45 million, 18:00: $336.95 million. On that day, the price of bitcoin rose from $108,000 to $113,000, then fell back to $108,000, indicating that these large capital movements may have had a direct impact on price volatility.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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