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CryptoQuant reports spike in Bitcoin and altcoin exchange deposits indicating forthcoming volatility · Cyprus Report

Business · World

CryptoQuant reports spike in Bitcoin and altcoin exchange deposits indicating forthcoming volatility

1 sourceFirst reported 18 days agoUpdated 18 days ago

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CryptoQuant reported a significant increase in bitcoin and altcoin deposits to exchanges.
Bitcoin deposits have risen to nearly 49,000 BTC, which is described as "a rare extreme."
This spike in deposits is seen as an indicator of potential higher volatility in the market.
Similar high deposit levels have only been observed four other times in the current year.

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CryptoQuant says bitcoin and altcoin exchange deposits have spiked, indicating higher volatility aheadThe Block · 18 days ago

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AI summary: catch up in 20 seconds

CryptoQuant reported a significant increase in bitcoin and altcoin deposits to exchanges.
Bitcoin deposits have risen to nearly 49,000 BTC, which is described as "a rare extreme."
This spike in deposits is seen as an indicator of potential higher volatility in the market.
Similar high deposit levels have only been observed four other times in the current year.

Generated by AI from the 1 sources below · always verify with the originals