[Wall Street Liquidity Radar] Coinbase, 450BTC net inflow turns...OTC trading volume increases

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The cryptocurrency market is a high-volatility environment where highs and lows change rapidly within a day. By tracking tokens that have set new ATH (all-time high) and ATL (all-time low), one can detect bullish and bearish trends early. Based on tokens with a market capitalization of over $10 million, this article summarizes the main tokens that have set new highs or lows within a day and analyzes the market recovery potential and trends by examining the adjustment rate compared to the peak for top market cap tokens and real-time domestic popular assets. [Editor's Note]


According to CryptoQuant data, Coinbase's Bitcoin Netflow as of June 26 was +451.77 BTC (unfinalized data), showing a significant shift to net inflow compared to the previous day (-123.28 BTC). This suggests that the flow of long-term holdings to external wallets has slowed down, and inflows to exchanges are increasing again.

Looking at the trend over the past five days, ▲22nd -132.31 BTC ▲23rd -68.48 BTC ▲24th -297.39 BTC ▲25th -123.28 BTC ▲26th +451.77 BTC (unfinalized), the overall trend was outflow-dominant until strong net inflow emerged. This shows that the tug-of-war between long-term holding sentiment and short-term profit-taking continues in the market.

Coinbase Netflow / CryptoQuant

The Coinbase Premium as of June 25 was 0.0556%. Similar to the previous day (24th) at 0.0547%, this indicates that the buying pressure from US investors has been maintained at a similar intensity for two consecutive days. Lower than the recent peak of 0.0811% on the 23rd, it shows a mild downward trend.

This indicator represents the price difference between the US-based exchange Coinbase and the global exchange Binance for Bitcoin, and a positive value is interpreted as a signal of relatively strong buying pressure in the US.

Coinbase Premium Indicator / CryptoQuant

As of June 25, Coinbase Prime's Bitcoin trading volume was approximately 7,072.66 BTC, an increase of about 22.5% compared to the previous day (24th) at 5,773.21 BTC. The trading volume in dollars was approximately $762.12 million.

The consecutive two-day increase in trading volume suggests that institutional buying pressure is gradually recovering. This is a section where reinflow signs become clear after last week's sharp decline, and medium to long-term strategic buying demand is still considered valid. The market atmosphere could gain additional momentum depending on the continued large-scale inflow in the future.

Coinbase Prime BTC/USDC / Coinigy

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#WallStreetLiquidityRadar#ExchangeInflow#USInstitutionalDemand#OTCBuyingPressure

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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