![Volatility Coming? Bitcoin Exchange Inflows Skyrocket Volatility Coming? Bitcoin Exchange Inflows Skyrocket](https://i0.wp.com/cryptopotato.com/wp-content/uploads/2022/03/bitcoin_volatility_cover.jpg?w=896&ssl=1)
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The Bitcoin price has been relatively stagnant in the past few days, hovering around $19,000 without much movement.
This might all be about to change soon as whales appear to have sent a huge amount of BTC to spot exchanges.
- Data from the popular cryptocurrency analytics resource CryptoQuant reveals that the inflows to spot exchanges have soared.
- This comes from whales from 0 B0 B0 B0,,,,,
- Commenting on the matter was a CryptoQuant analyst, who said:
It seems that whales want lower prices for Bitcoin. Transferring from walletsss Bitcoin in quantities could be as large as possible, they could be a distribution of 100 different wallets.
But on the downside, I expect the negative scenario and take caution.
- Meanwhile, the sentiment predominant on the market remains extreme fear. In fact, it has been increasingly fearful throughout the past few days as most of the cryptocurrencies trade within a narrow range with slow declines.
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