Bitcoin News
By Julie Binoche
1 / 15
A Surge in Exchange Inflows. Between April 3rd and 4th, Bitcoin markets saw notable unrest, with long-dormant coins moving and…
2 / 15
Dormant Coins Begin to Move. Another key indicator of the market’s stress was the movement of long-dormant Bitcoin.
3 / 15
The Taker Buy/Sell Ratio and Derivatives Market Activity. As Bitcoin’s price fluctuated, derivatives exchanges also saw an interesting anomaly.
4 / 15
Bitcoin’s Sensitivity to Macro Events. Bitcoin’s swift response to Trump’s tariff statement highlights the cryptocurrency’s sensitivity…
5 / 15
Conclusion. The massive inflows to Coinbase, the movement of dormant coins, and the flurry of selling from…
6 / 15
Bitcoin (BTC) markets have been under pressure recently, with a surge in exchange inflows and significant sell-off activity.
7 / 15
In an unusual move, Bitcoin saw a significant increase in inflows to exchanges, particularly Coinbase.
8 / 15
Along with the 2,500 BTC inflow, whale wallets transferring between 10 and 100 BTC in single moves were observed across multiple exchanges, further confirming the bearish…
9 / 15
Another key indicator of the market’s stress was the movement of long-dormant Bitcoin. Over 1,057 BTC, aged between 7 and 10 years, were spent for the first time in years.
10 / 15
Dormant coins are typically held by long-term investors who are less likely to sell their assets during market fluctuations.
11 / 15
In addition to the movements from long-term holders, more than 18,930 BTC from holders aged 1 to 18 months were moved on-chain.
12 / 15
As Bitcoin’s price fluctuated, derivatives exchanges also saw an interesting anomaly. On Bybit, the Taker Buy/Sell Ratio spiked to 5.
13 / 15
This surge in buying activity, coupled with large inflows to exchanges and the movement of dormant coins, paints a picture of a market in transition.
14 / 15
However, analysts have noted that ongoing geopolitical instability could eventually lead to a weaker U.S.
15 / 15
The massive inflows to Coinbase, the movement of dormant coins, and the flurry of selling from short-term holders all suggest that Bitcoin markets are undergoing a period of…
The Currency Analytics
Want the full story?