1. An interesting fact is that the CryptoQuant exchange deposit alerts have not occurred for about three weeks (see photo 3). Even if we assume that the alerts are not occurring due to a temporary error, it is clear from photos 1 and 2.
2. There are still no signs of the exchange deposits accumulating or rapidly increasing to create direct selling pressure on the market (see photos 2 and 3).
It is clear that over 200,000 Bitcoins have been sold since March. However, if there are still no signs of Bitcoins being accumulated or deposited into exchanges, it can be assumed that most of them were traded over-the-counter.(otc)
Written by Mignolet