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Can Bitcoin whale deposits to exchanges actually predict BTC price?

March 15, 2021 by DIGIT
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Bitcoin deposits into exchanges have become a popular on-chain data point but some say this metric can be misleading.

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Categories Bitcoin, BTC Price, deposits, Exchange, on-chain data, whale
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  • bitcoinBitcoin(BTC)$98,800.003.07%
  • ethereumEthereum(ETH)$3,362.118.77%
  • tetherTether(USDT)$1.00-0.08%
  • solanaSolana(SOL)$262.5311.04%
  • binancecoinBNB(BNB)$635.685.24%
  • rippleXRP(XRP)$1.3824.82%
  • dogecoinDogecoin(DOGE)$0.3932433.72%
  • usd-coinUSDC(USDC)$1.00-0.14%
  • staked-etherLido Staked Ether(STETH)$3,360.238.72%
  • cardanoCardano(ADA)$0.8711.35%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$98,800.003.07%
  • ethereumEthereum(ETH)$3,362.118.77%
  • tetherTether(USDT)$1.00-0.08%
  • solanaSolana(SOL)$262.5311.04%
  • binancecoinBNB(BNB)$635.685.24%
  • rippleXRP(XRP)$1.3824.82%
  • dogecoinDogecoin(DOGE)$0.3932433.72%
  • usd-coinUSDC(USDC)$1.00-0.14%
  • staked-etherLido Staked Ether(STETH)$3,360.238.72%
  • cardanoCardano(ADA)$0.8711.35%