This week, Bitcoin surged to new record highs amid the lowest selling pressure in a decade. Daily exchange inflows dwindled to 18,000 BTC, indicating significant restraint from large holders according to Cryptoquant’s findings.
Ethereum’s inflows fell drastically to 584,000 ETH, marking the lowest since October 2024. Likewise, XRP whale transactions decreased by 85%, reinforcing the overall low market pressure for cryptocurrencies, as total altcoin exchanges remain muted.
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