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After bitcoin reached its maximum, the volume of transfers of the asset to exchanges by large wallets increased sharply. The indicator is comparable to the peak in early November 2024. This probably indicates a growing tendency to lock in profits or switch investors to other assets, noted Glassnode.
According to CryptoQuant, miners again became active sellers of the first cryptocurrency, liquidating almost all daily production.
The company's experts added that the daily inflow of ETH to the exchange has reached record values since the end of February. This tendency is not observed in other altcoins - traders are in no hurry to get rid of them. #btc# #eth# #sol# #xrp# #ltc#
Bitcoin locally collapses into a symmetrical triangle — this is a neutral pattern, but statistically 60% of breakdowns occur upwards.