What Whales See in Bitcoin: On-Chain Data Signals

Cryptocurrency analysis firm CryptoQuant has evaluated the latest trends in Bitcoin's spot ￰0￱ to the company, the average Bitcoin spot order size on Binance rose to $1.96 million during October, one of the highest levels in recent ￰1￱ increase indicates a significant increase in the market activity of institutional investors and large ￰2￱ News: Whales Have Been Very Active in Recent Hours: Here Are the Altcoins They Traded According to CryptoQuant data, total spot trading volume on Binance reached $2.82 billion, representing a strong increase in capital inflows to the ￰3￱ note that this movement aligns with behavior typically seen during periods of ￰4￱ investors are believed to be building long-term positions rather than engaging in short-term ￰5￱ Bitcoin price remained stable around $108,000 during this ￰6￱ order volumes, which increase during periods of sideways price movement, typically indicate a phase where savvy investors are quietly accumulating positions.

Furthermore, on-chain indicators also support the decline of Bitcoin reserves on exchanges and the strengthening of long-term holding ￰7￱ to the analytics firm, the steady increase in average order size and total traded value suggests that professional traders view the current price levels as an attractive entry point and believe that a new upward momentum can be expected. *This is not investment ￰8￱ Reading: What Whales See in Bitcoin: On-Chain Data Signals