Volatility Coming? Bitcoin Exchange Inflows Skyrocket

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.