BTC $79,742.94 -0.41%
ETH $2,459.52 -0.30%
BNB $758.45 +5.49%
XRP $1.41 +0.52%
SOL $102.89 +1.68%
TRX $0.3330 +1.51%
DOGE $0.0873 +2.89%
ADA $0.2161 +0.61%
BCH $250.41 -0.87%
LINK $11.82 +1.56%
HYPE $84.89 -0.10%
AAVE $130.78 -0.27%
SUI $0.8037 +6.41%
XLM $0.1843 +2.16%
ZEC $1,012.83 +3.00%
BTC $79,742.94 -0.41%
ETH $2,459.52 -0.30%
BNB $758.45 +5.49%
XRP $1.41 +0.52%
SOL $102.89 +1.68%
TRX $0.3330 +1.51%
DOGE $0.0873 +2.89%
ADA $0.2161 +0.61%
BCH $250.41 -0.87%
LINK $11.82 +1.56%
HYPE $84.89 -0.10%
AAVE $130.78 -0.27%
SUI $0.8037 +6.41%
XLM $0.1843 +2.16%
ZEC $1,012.83 +3.00%

CryptoQuant: The inflow-outflow ratio of Bitcoin on CEX shows continuous accumulation, usually leading to a short-term price increase

2025-02-17 20:20:17

ChainCatcher news, CryptoQuant analyst Darkfost released a chart analysis indicating that Bitcoin demand remains high. Despite Bitcoin trading prices fluctuating between $90,000 and $105,000, the 30-day moving average (30DMA) inflow/outflow ratio shows continuous accumulation signs. When this ratio falls below 1, it indicates that outflows exceed inflows (traders are moving more assets off exchanges for accumulation) ------ professional investors generally view this as a bullish signal.

Essentially, the lower the ratio, the stronger the underlying demand. Historically, when this ratio enters the "high demand zone," Bitcoin typically experiences a short-term price increase.

Related tags
Related tags
Related projects
app_icon
ChainCatcher Building the Web3 world with innovations.