According to on-chain analytics firm CryptoQuant, large traders have increased the number of bitcoins sent to exchanges after the price of bitcoin fell to around $80,000 last week. On November 21, the total number of bitcoins flowing into exchanges reached 9,000, of which 45% came from single large deposits of 100 or more, setting a new one-year high.
At the same time, the exchange deposit activity of Ethereum and other counterfeit products also remained high, with the average single deposit of Ethereum rising to 41.7, the highest in the past three years. The daily deposit of counterfeit products has remained high since July, peaking at 78,000 on October 17, reflecting the active exchange flow under the continuous selling pressure of the market.
CryptoQuant: Large Bitcoin holders increased their deposits to exchanges last week
2025-11-26 22:06:50
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