Bitcoin Holders Send 96% of Older Exchange Deposits at a Loss
Below-cost deposits fell from the prior day, but their dominance points to potential supply pressure rather than confirmed selling.
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Below-cost deposits fell from the prior day, but their dominance points to potential supply pressure rather than confirmed selling.
MARA has a track record of opportunistic BTC sales, and the deposits equal only about 2.8% of its 35,577 BTC treasury; Q3 results should show whether these coins were actually sold.
The balance rise came from the same tracked wallets, but exchange custody totals do not show how much XRP is available to sell or whether holders are placing sell orders.
SkyAI’s average entry near $194 leaves a potential $46M loss, turning the flow into a bearish signal for SOL liquidity and holder behavior.
India's $88.4B in attributed exchange inflows coexists with a sharp drop in domestic platforms' reported share, but the figures do not establish why users choose foreign venues.
BTC dominance at 57.4% and an Altcoin Index reading of 38/100 frame a narrow recovery, while the TAC freeze keeps security risk in focus.
Exchange deposits can increase BTC supply available for sale, turning $80K into a test of whether demand can absorb it.
Whale activity can accompany sharp Bitcoin moves in either direction, but it is not a standalone forecast and could change in coming months.
Exchange inflows create potential sell-side supply, but only a confirmed sale would turn this whale transfer into direct selling pressure on BTC.
The single-day inflow from loss-selling short-term holders is the largest in 30 days. Whether it signals a floor depends on whether spot demand absorbs the 32,000 BTC now sitting at the ask.
The $60K retest failed, and 49,000 BTC of whale deposits hit order books within days, putting a $49K cycle-low framework back on the table for the first time since the early-year lows.
A CryptoQuant analyst flagged the largest spike in exchange-bound BTC transfers since the 2023 bear market, with deposit addresses absorbing supply that, if sold, would crush an already fragile tape.