A CryptoQuant analyst said that over the past 24 hours, more than 36600 units at a loss BTC were transferred to exchanges by short-term holders, indicating that they have recently been under pressure.
PANews cited a CryptoQuant analyst as saying that October 27 loss-making transfers by Bitcoin short-term holders to exchanges exceed profitable transfers, and the related metric remains negative.
Citing Coinglass data, PANews stated that over the past 7 days, net inflows to centralized exchanges totaled 46,928.46 coins BTC, including net inflows to Binance of 37,394.58 coins.
PANews cited analyst Darkfost as saying that UNI inflows on Binance rose to a yearly high,September with daily inflows exceeding 40000000 USD in late. He believes continued inflows may correspond to distribution pressure; if inflows recede, the correction may be nearing its end.
PANews, citing analyst IT Tech, reported that among 6—12-month holders, the proportion BTC flowing into exchanges fell from June mid-40.4%to October mid-4.4%. The analysis said selling by late buyers had weakened, but new buying was not yet apparent.
BlockBeats, citing on-chain analyst Ai Yi, reports that an HYPE early holder has cumulatively transferred to centralized exchanges since September 28, 261,926.4 tokens HYPE, worth approximately 22490000 USD。
Lookonchain reported that Patricio Worthalter deposited approximately 8 hours ago into Gemini 4000 units of ETH, worth approximately 10790000 USD. At present, only the assets' entry into the exchange has been confirmed; this cannot be used to determine that they were sold.
The Telegram channel stated that 2,000 coins BTC were transferred from an unknown wallet Bitfinex, with an indicated value of approximately 169000000 USD。