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: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma
  • 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: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma

Exchange Inflows Surge Amidst Bitcoin Volatility; Signaling Supply Outweighs Demand

Cole Petersen
Cole Petersen
1 year ago
2 mins read

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.

Bitcoin has witnessed some intense volatility today that sent it reeling down to the sub-$9,000 region. The buying pressure at this level was significant and helped boost it back into its previous consolidation range in the mid-$9,000 region.

One interesting trend that came about concurrently with this decline was a massive inflow of Bitcoin into exchanges. This market a drastic shift from the multi-month exchange exodus that analysts have been closely watching.

This is a sign that investors viewed this latest decline as fundamentally significant, and it is a possibility that these fresh inflows could place some further pressure on the market.

One analyst is now noting that supply for the benchmark digital asset could far outweigh demand.

Whether or not this sentiment is valid will be determined by how it continues trading around its key support in the lower-$9,000 region.

Exchanges See a Massive Influx of Bitcoin as Weakness Grows

Overnight, Bitcoin posted a sharp decline that led it down into the sub-$9,000 region. From here buyers stepped up and absorbed the heavy selling pressure, stopping it from seeing any further downside.

After then hovering within the lower-$9,000 region for several hours, buyers then stepped up and sent the crypto rallying up towards its previous consolidation region around $9,400.

Despite not altering its market structure, this movement further highlighted the weakness that has been brought about by the consecutive rejections around $10,000 that it has posted in recent times.

It appears that investors are taking notice of this overt weakness, a trend that can be seen while looking towards BTC’s exchange inflows

Mason Jang, the CSO at analytics platform CryptoQuant, spoke about the massive surge in inflows that took place in the time directly surrounding this volatility.

He notes that whales on Coinbase and Gemini moved their holdings directly before the decline occurred.

“BTC crashed as the US stock has tumbled from 15 June, 02:00 UTC. Whales from Coinbase and Gemini moved before the dip…”

The chart seen below clearly illustrates this trend, showing just how significant these inflows were – given the short period of time in during which they took place.

Bitcoin
Image Courtesy of CryptoQuant

Analyst: Inflow Trend Could Suggest Supply Outweighs Demand

While speaking about the aforementioned data, one analyst mused the possibility that this shows that the cryptocurrency is currently plagued by underlying weakness.

“Exchange inflows increased. Why am I not surprised… Price keeps breaking down then the question has to be asked, will miners really hold onto their inventory? Weakest participants probably wont. And if true then supply > demand,” he noted.

Exchange inflows increased

Why am I not surprised

Price keeps breaking down then the question has to be asked, will miners really hold onto their inventory?

Weakest participants probably wont

And if true then supply > demand

— XO (@Trader_XO) June 15, 2020

This trend could mark a shift in Bitcoin’s underlying strength, signaling that further downside is imminent.

Featured image from Shutterstock.
Tweet123Share217ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

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

Asset Entities Merges with Strive to Form $1.5B Bitcoin Treasury – Why Bitcoin Hyper Could Soar Next

Asset Entities Merges with Strive to Form $1.5B Bitcoin Treasury – Why Bitcoin Hyper Could Soar Next

Asset Entities shareholders have approved a merger with Bitcoin asset management company Strive Enterprises to create a new enterprise named...

Aaron Walker 1 hour ago
SUI

SUI At A Crossroads, Can It Break $3.52 And Ignite The Next Surge?

SUI is currently poised at a pivotal crossroads, with its price action revolving around the key resistance level of $3.52....

Godspower Owie 2 hours ago

Solana (SOL) sta entrando in una fase cruciale dopo aver registrato un rialzo di oltre il 40% dall’inizio di agosto,...

clararosati 3 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

Dogecoin vystrelil o 14 % dogecoin ETF

Dogecoin vystrelil o 14 % po správe o prvých ETF. Meme coiny vstupujú do novej éry

Nina Šefčíková 49 minutes ago
биткоин и давление

Bitcoin балансирует между $110K и $113K

daria 58 minutes ago
SEC pakt Chinese pump and dump schemes aan - gevolgen voor crypto markt

SEC pakt Chinese pump and dump schemes aan – gevolgen voor crypto markt

Lars Diederiksen 1 hour ago

Premium Sponsors

Press Releases

  • Prvá ťažiarska meme minca na zárobok PepeNode získala 900 000 USD v predpredaji – do konca fázy financovania zostáva 7 hodín

    Prvá ťažiarska meme minca na zárobok PepeNode získala...

    2 hours ago
  • ドージコイン 今後の価格予測:投資家はまだ億り人になれるのか?

    ドージコイン...

    2 hours ago
  • リップル 今後の価格予測:XRP ETF承認は間近か

    リップル 今後の価格予測:XRP...

    2 hours ago
  • 利下げ後にビットコイン急騰か?仮想通貨プレセールで1,500万ドル調達の新プロジェクトが示す可能性

    ...

    2 hours ago
  • 仮想通貨おすすめ:リップル(XRP)やカルダノ(ADA)より先に10ドル到達が期待される3つの銘柄で300ドルを3万ドルに

    ...

    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.