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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)$69,180.00-2.21%
  • ethereumEthereum(ETH)$2,483.64-2.39%
  • tetherTether(USDT)$1.000.16%
  • binancecoinBNB(BNB)$563.47-2.71%
  • solanaSolana(SOL)$162.82-3.94%
  • usd-coinUSDC(USDC)$1.000.09%
  • rippleXRP(XRP)$0.51-2.41%
  • staked-etherLido Staked Ether(STETH)$2,482.61-2.42%
  • dogecoinDogecoin(DOGE)$0.156446-4.78%
  • tronTRON(TRX)$0.166451-0.51%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$69,180.00-2.21%
  • ethereumEthereum(ETH)$2,483.64-2.39%
  • tetherTether(USDT)$1.000.16%
  • binancecoinBNB(BNB)$563.47-2.71%
  • solanaSolana(SOL)$162.82-3.94%
  • usd-coinUSDC(USDC)$1.000.09%
  • rippleXRP(XRP)$0.51-2.41%
  • staked-etherLido Staked Ether(STETH)$2,482.61-2.42%
  • dogecoinDogecoin(DOGE)$0.156446-4.78%
  • tronTRON(TRX)$0.166451-0.51%