In a recent analysis, it was noted that CryptoQuant exchange deposit alerts have been absent for approximately three weeks. This absence could be due to a temporary glitch, but the data suggests otherwise. There are no indications of exchange deposits accumulating or rapidly increasing, which would typically exert direct selling pressure on the market.

Since March, over 200,000 Bitcoins have been sold. However, the lack of signs of Bitcoin accumulation or deposits into exchanges suggests that most of these transactions were likely conducted over-the-counter (OTC). This is a positive sign for the market, indicating that despite significant sales, the pressure on exchanges remains low, which could potentially support a stable market environment.