NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

Bitcoin Bearish Signal: Exchange Netflows Spike Up

Keshav Verma
Keshav Verma
1 year ago
3 mins read
Bitcoin Bear

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

On-chain data shows the Bitcoin exchange netflow has observed a sharp positive spike recently, a sign that could be bearish for the crypto’s price.

Bitcoin All Exchanges Netflow Spikes Up Following 9% Inflation Report

As pointed out by an analyst in a CryptoQuant post, exchanges have recently seen a large amount of BTC deposits.

The “all exchanges netflow” is an indicator that measures the net amount of Bitcoin entering or exiting wallets of all centralized exchanges as a whole. The metric’s value is calculated by simply taking the difference between the inflows and the outflows.

When the value of the netflow is positive, it means a net number of coins are moving into these wallets right now. As investors usually deposit their coins to exchanges for selling purposes, this kind of trend can prove to be bearish for the value of BTC.

Related Reading | Bitcoin Funding Rate Turns Highly Positive, Long Squeeze In The Making?

On the other hand, the value of the indicator being negative suggests investors are withdrawing their coins at the moment. Such a trend, when prolonged, can be a sign of accumulation from holders, and hence can be bullish for the price of the crypto.

Now, here is a chart that shows the trend in the Bitcoin all exchanges netflow over the past week:

Bitcoin Netflow

Looks like the value of the metric has spiked up recently | Source: CryptoQuant

As you can see in the above graph, the Bitcoin exchange netflow has observed a positive spike over the past 24 hours.

There was another spike not too long before this latest one, but that other spike was neutralized by a similarly large negative value of the metric.

Related Reading | Market Update: MATIC, UNI And AAVE Outperforms While Bitcoin Strugles To Hold Above $20k

The quant in the post notes that inflows on the crypto exchange Gemini (which is popularly known to be used by whales) have contributed to this positive netflow value.

These deposits have come a couple of days after the CPI report for the month came out and revealed that inflation rose 9% in June.

If the inflows are indeed from whales looking to dump their coins, then the near term outlook can be bearish for the price of Bitcoin.

BTC Price

At the time of writing, Bitcoin’s price floats around $20.8k, down 4% in the last seven days. Over the past month, the crypto has lost 7% in value.

The below chart shows the trend in the price of the coin over the last five days.

Bitcoin Price Chart

After the upwards move, the value of the crypto seems to have been moving sideways over the last couple of days | Source: BTCUSD on TradingView
Featured image from anvesh baru on Unsplash.com, charts from TradingView.com, CryptoQuant.com
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum

Spot Ethereum ETF Inflows Flip Bitcoin Once Again, Will ETH Outperform BTC?

Ethereum has once again overtaken Bitcoin in the competition for institutional attention, with Spot Ethereum ETFs recording larger inflows than...

Scott Matherson 4 hours ago
Ethereum ETH

Ethereum potichu atakuje trh s mesačným nárastom 20 %

Ethereum (ETH) zažíva historické obdobie. V nedeľu sa cena ETH dostala na nové historické maximum, pričom celková trhová kapitalizácia prekročila...

Nina Šefčíková 4 hours ago
btcmicro

MicroStrategy še vedno povečuje zaloge BTC

MicroStrategy, ki se je preimenoval v Strategy, se ne vda: med 18. in 24. avgustom 2025 je vložil dodatnih 357...

tanjapotocnik 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Az XRP tulajdonosok profitra számítanak – miért rohannak az első vásárlók ebbe az új kriptóba?

Bitcoin OG Who Told People To Buy BTC At $1 Reveals How High XRP Price Will Go

Sandra White Just now
Bitcoin

Bounce Or Breakdown? Bitcoin Dominance Tests Critical Technical Levels

Godspower Owie 2 hours ago
Bitcoin Supply In Profit Hits Historical Threshold – Echoing Past Patterns

Bitcoin Supply In Profit Hits Historical Threshold – Echoing Past Patterns

Sebastian Villafuerte 3 hours ago

Premium Sponsors

Press Releases

  • miner

    SOL and XRP Mining: Easily Earn High Daily Returns with...

    30 minutes ago
  • XRP osiąga nowe szczyty — Wcześni inwestorzy zwracają się teraz w stronę Token6900

    XRP osiąga nowe szczyty — Wcześni inwestorzy zwracają...

    43 minutes ago
  • Ogromny ruch wieloryba XRP wstrząsa rynkiem — czy...

    2 hours ago
  • miner

    ALR Miner’s New Cloud Computing Power: Earning...

    2 hours ago
  • miner

    BNB is trending again: Institutional investment and ETF...

    3 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.