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2024-11-14 12:31:44
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bitcoinist.com on Nostr: bitcoinist.com ✍️ On-chain data shows rapid growth in Bitcoin inflow to Binance, ...



✍️ On-chain data shows rapid growth in Bitcoin inflow to Binance, indicating whales have been using the exchange more.
👉 The mean exchange inflow metric measures the average number of tokens being transferred to exchanges.
👉 A high value of the metric implies the involvement of big-money investors like whales.
👉 The 7-day moving average of the mean Binance Bitcoin Exchange Inflow has increased significantly since the beginning of the year.
👉 The average deposit to Binance is now worth about $614,000, indicating the whales have been actively making inflows.

#Maartunn #Binance #neutral #technology


On-chain data shows the average Bitcoin inflow to Binance has seen rapid growth over 2024, implying whales have been using the exchange more. Bitcoin Mean Exchange Inflow To Binance Has Shot Up Over The Past Year As CryptoQuant community analyst Maartunn explained in a new Quicktake post, Binance has seen a shift in its traffic […]
https://bitcoinist.com/binance-now-bitcoin-whale-inflow-jumped-10x-in-2024/

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