US Bitcoin ETFs record fourth consecutive trading day of outflows

Quick Take According to the latest data from Farside Investors, April 29 saw an outflow of $51. 6 million from US Bitcoin ETFs, marking the fourth consecutive trading day of outflows. While this figure does not represent the lowest outflow during this period, it highlights the prevailing market sentiment.

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Grayscale accounts for Monday’s largest Bitcoin ETF outflow

Bitcoin ETFs saw a net outflow of $223 million on Monday after four consecutive days of net inflow.

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Bitcoin Price Reclaims $66,000 Despite 4-Day ETF Outflow Streak

Despite a continuous four-day streak of net outflows from Bitcoin spot exchange-traded funds (ETFs) totaling $93. 85 million, the Bitcoin price has impressively climbed to reclaim the $66,000 mark. According to data from Farside Investors, Grayscale ETF GBTC experienced a significant outflow yesterday, with a single-day net outflow of $358 million, culminating in a historical net outflow of $13.

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Bitcoin inflow on exchanges at one-year low; biggest outflow on Coinbase

Bitcoin (BTC/USD) balances on exchanges are at a one-year low with just 2. 5 million in exchange wallets. Coinbase has the largest outflow and Binance is the only exchange recording inflow of funds instead of outflow, analytics service Glassnode reported.

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Coinbase’s Bitcoin (BTC) Outflow Highest Since December 2017

Bitcoin has started off the new month of September, with new lows not seen over the week. BTC formed a peak of about $48,245, and the price began to fall. It shattered the support levels of $47,500 and $47,000.

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Despite Drop To $47k, Coinbase Observes 31k Bitcoin Outflow. Bull Rally Still On?

On-chain data shows despite the Bitcoin drop to $47k, Coinbase saw outflows of around 31k BTC, a sign that the market could still be bullish. Outflows Of 31k BTC On Crypto Exchange Coinbase As pointed out by a CryptoQuant post, the popular crypto exchange Coinbase has observed huge Bitcoin outflows today.

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Bitcoin Investment Outflows Continue for Fifth Consecutive Week

CoinShares released data this past Monday which shows a consistent outflow of Bitcoin investment products and funds. The post Bitcoin Investment Outflows Continue for Fifth Consecutive Week appeared first on BeInCrypto.

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Bitcoin Remains Bullish Above $46k amidst Regulatory Advances, But Funds Yet to See any Inflows

While Bitcoin’s 14-day Relative Strength Index (RSI) shows its overbought, it has formed a high low and breached its 200-day moving average. And while BTC investment vehicles had the fifth outflow in a row, Ethereum and other altcoins continue to see inflows.

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Bitcoin On-chain Data Suggests Huge Outflow From Miners

Bitcoin on-chain data shows that miners have transferred a huge amount of coins to cryptocurrency exchanges. On-chain Data Suggests Miners Transferred 11,816 BTC To Exchanges As pointed out by a CryptoQuant post, 20 July saw a huge outflow from Bitcoin miners.

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Bitcoin Retesting the Lower-End of Range, OI Still Continues to Soar While GBTC Unlocks Now Behind Us

There is currently a lack of inflows in Bitcoin as it saw another week of outflow, though minimal relative to May and June, while Ether had a third consecutive week of inflows. As per CoinShares, it’s just “the summer doldrums” which are “in-line with seasonal expectations.

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This crucial Bitcoin metric reached a high. But traders don’t seem to care

Bitcoin spot exchanges outflow transaction count hit a year high, data from CryptoQuant, a popular on-chain data analysis tool for Bitcoin and other cryptocurrencies, showed. The post This crucial Bitcoin metric reached a high.

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Institutional selling of crypto reaches longest streak since Feb 2018

CoinShares’ weekly report showed another large outflow from digital asset products, with much of the selloff concentrated in Bitcoin funds.

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Record $141M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares

Institutional investors withdrew a record $141 million from Bitcoin investment products this past week.

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Bitcoin Inflow and Outflow Transactions on Exchanges Sees Decline as Price Falls

Bitcoin transactions to and from exchanges have seen a steady decrease as the price of BTC continues to fall. The post Bitcoin Inflow and Outflow Transactions on Exchanges Sees Decline as Price Falls appeared first on BeInCrypto.

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Institutional investors bought more Ethereum than Bitcoin last month

Bitcoin (BTC) witnessed the largest on record outflow last week, said the London-based digital asset manager CoinShares in a report earlier this week. The post Institutional investors bought more Ethereum than Bitcoin last month appeared first on CryptoSlate.

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Data Shows Institutional Investors Diversifying Out of Bitcoin and Into Ethereum & Other Altcoins

Bitcoin is the only one to record outflow, that too the largest ever; meanwhile, Ethereum and other cryptocurrencies, especially ADA and DOT, continued to see inflows last week, as per the CoinShares report.

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25,000 Bitcoins (BTC) Withdrawn from Centralized Exchanges in Second-Largest Outflow in 15 Months

Large-scale Bitcoin (BTC) buyers go berserk amidst the ongoing bloodbath. Analysts have registered evangelic withdrawal from centralized exchanges

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Bitcoin Posted Record Weekly Outflow while Ethereum Showed Strong Inflows: CoinShares Report

Discount on GBTC meanwhile tanked to 19% before recovering to -5.75% as it continues to face increased competition from several Bitcoin ETFs trading in Canada. The post Bitcoin Posted Record Weekly Outflow while Ethereum Showed Strong Inflows: CoinShares Report first appeared on BitcoinExchangeGuide.

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Digital Asset Manager Grayscale Says It Is ‘100% Committed To Converting GBTC Into An ETF’

On conversion of GBTC into an ETF, the holders of GBTC shares won’t need to take any action, and the management fee, currently at 2%, will be reduced. Meanwhile, the world’s first Bitcoin ETF (BTCC) holds 16,462 BTC without a single outflow since its debut.

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Bitcoin Supply on Exchanges Reaches a 2 Year Low

In data from Blockchain analysis firm, CryptoQuant, Bitcoin held across all exchanges sat at 2. 3 million as of March 8. This followed an outflow of 61. 8 thousand BTC across all exchanges on the same day.

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How the CEO of Binance became one of Bitcoin’s biggest whales

The practice of moving large amounts of Bitcoins, pumping, and dumping assets at will, are perks accorded only to the biggest of players in the industry. Their arrival, often captured by whale bots, is accompanied by massive inflow and outflow of Bitcoins, worth millions and billions of dollars.

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Coinbase Pro Sees 13K Bitcoin (BTC) Outflow as Institutions Remain Bullish

Significant outflows from Coinbase came despite the BTC price hovering at around $49,000. It suggests the U. S. institutional investors expect BTC to make a new high after a considerable drop to a low of $47,400 on Feb.

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CryptoQuant CEO says Coinbase Bitcoin outflows are a ‘bullish signal’

The CEO of CryptoQuant says a recent 15,200 BTC outflow at Coinbase is a sign that institutions are accumulating for the next Bitcoin bull break.

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Miners Ramp Up Bitcoin Selling

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Bitcoin Worth $1B Leaves Coinbase as Institutions ‘FOMO’ Buy: Analyst

Coinbase Pro exchange registered an outflow of over 35,000 bitcoin worth more than $1 billion early Saturday.

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Bitcoin: What does Coinbase's 24,000 BTC outflow mean?

Bitcoin's market has seen a confluence of bullish indicators lately, as explained in a previous article. These indicators are extremely bullish for Bitcoin, be it from a retail perspective or institutThe post Bitcoin: What does Coinbase's 24,000 BTC outflow mean? appeared first on AMBCrypto.

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Bitcoin Miners Busy Accumulating BTC; Revenue from Fees Surges 2300% This Year

BTC miner outflow is nowhere near the previous tops, it is actually even below the 2019 local top. The post Bitcoin Miners Busy Accumulating BTC; Revenue from Fees Surges 2300% This Year first appeared on BitcoinExchangeGuide.

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Bitcoin Exchanges See Largest BTC Outflow in 3 years

A record single-day Bitcoin (BTC) outflow from crypto exchanges is triggering renewed optimism for further parabolic price advance for the largest cryptocurrency by market capitalization. Bitcoin is currently up more than 150 percent year-to-date (YTD) and recently set a new all-time high (ATH) less than three years to the date of its previous ATH.

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Why Massive Bitcoin Miner Outflow Has This Top Quant Analyst “Scared”

Bitcoin price is still hanging onto $18,000 and is only a couple of grand shy of finally taking out $20,000 and beginning the new bull market. But BTC miners that should be holding in advance of mark up, are suddenly moving massive quantities of the cryptocurrency, and it has a top industry quantitative analyst “scared” […]

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Bitcoin Liveliness Hits 7-Month High as Long-Term Holders Are Liquidating Positions

Glassnode has reported that the Bitcoin liveliness index had reached a 7-month high and BTC miners outflow has spiked almost 100 percent in the past twenty-four hours

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Gold Sees Largest Weekly Outflow Ever, Metal Prices Spiral Lower, Analysts Expect Flows Into Bitcoin

Gold investors are getting anxious, as the precious metal’s prices have slid a great deal since a number of vaccine companies have revealed medicines to combat the coronavirus. The price of one ounce of fine gold is valued at $1,770 per unit after the precious metal registered the third straight weekly loss in a row.

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Record gold outflow 'isn't going into ripples' — only Bitcoin, says fund manager

Gold outflows are rising as Bitcoin rallies due to heightened buyer demand from institutional investors.

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OKEx Record Outflow of 29,300 BTC Since Resuming Withdrawals, Following a Five-Week-Long Suspension

Cryptocurrency exchange OKEx recorded a significant bitcoin outflow right after the full range of five-week-long withdrawal suspension was lifted on Thursday at 08:00 UTC. About 2,822 BTC was moved from the Asian exchange in block number 658,728 mined at 08:12 UTC — this was the most significant single-block outflow since May 2019.

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OKEx Sees Biggest Bitcoin Outflow in 6 Months Soon After Resuming Withdrawals

About 2,822 BTC was moved from OKEx within 15 minutes of withdrawals restarting.

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Miners? BTC Outflow Volume Soars 51% as Bitcoin Reaches $11,300 Zone: Research Data

Glassnode company reported that in the last 24 hours, BTC miners outflow volume surged more than 51 percent along with number of non-zero BTC wallets hitting a new ATH

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Bulls Exit BitMEX Bitcoin Futures Market

Since the announcement from U.S. regulators, BitMEX has witnessed an outflow of more than 40,000 bitcoins, currently worth more than $422 million.

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The Number of Addresses Sending Bitcoin to Exchanges Since January Has Doubled Since The Beginning of the Year

The number of addresses sending BTC to exchanges has doubled from January to now, data from Glassnode reveals. There are now roughly 100 thousand unique addresses that send BTC to exchanges daily which is a remarkable increase following the huge outflow of funds from exchanges earlier in the year. This may be due to an […]

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Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low

Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly low.

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20,000 BTC Withdrawn From Coinbase as Major Outflow Hits Exchanges

More Bitcoin withdrawals have hit top cryptocurrency exchanges in the last 24 hours, data from Glassnode shows. More than 20,000 BTC worth $183 million have been withdrawn from one of the top exchanges.

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Bitcoin on Exchanges Hits Two Year Low, HODLers in Control

Bitcoin held on exchanges hit a two-year low this month, according to data from Santiment. A massive outflow of BTC from exchanges is a sign of accumulation and signals investor’s...

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Outflow of Bitcoin From Miners at Lows Not Seen Since 2010

Miner outflows of bitcoin have dropped to decade lows, with analysts saying a hoarding mentality and a drop in issuance after the halving are responsible.

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Report: Traders move to XRP for cross-exchange transactions increase whenever ETH transaction fees surge

An Xpring report on May 13 stated XRP exchanges see increased inflow/outflow volumes whenever Bitcoin and Ethereum networks are hit by surging transaction fees and congestion. Traders move to XRP during crunch While the sample sizes in terms of days were not specified, Xpring notes XRP cross-exchange transactions went up significantly when Ethereum — widely-used […] The post Report: Traders move to XRP for cross-exchange transactions increase whenever ETH transaction fees surge appeared first on CryptoSlate.

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BitMEX and Bitfinex Suffer Sharp Declines in Bitcoin Holdings

The continued outflow of Bitcoin (BTC) from both BitMEX and Bitfinex has seen their holdings decline by a total of about 200,000 BTC since mid-March. While the Bitcoin balance on some major crypto exchanges is falling, platforms appear to be stockpiling Tether (USDT).

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Bitcoin miners see heightened outflow as market conditions grow foggy

The turbulence seen within the cryptocurrency market throughout the past month has led to some fear amongst Bitcoin miners, which is illustrated by data regarding the BTC balance and outflows seen amongst miners over the past thirty days.

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Bitcoin Exchange Outflows Hit 8-Month High, HODL’ing Soars

Bitcoin adopters seem eager to hold their own coins as withdrawals now outpace deposits on exchanges. This cryptocurrency outflow reflects the growing unease about the state of the global economy, as well as the stability of the crypto space.

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Insolvent Exchange FCoin Had Bitcoin Outflow Problems Just Two Months After Launch: Report

The FCoin exchange, which revealed its insolvency this week, may have already had issues as early as July 2018.

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Bitcoin Market Could Capitalize on Booming Fixed Income ETF Demand

The demand for fixed income exchange-traded funds (ETFs) exploded in 2019, registering the largest inflow in history. While the fourth quarter saw a minor outflow, the overall picture is one of massive growth in demand — one that Bitcoin hopes to share in.

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Bitstamp’s Cryptocurrency Activity Up Over the Month

Most of the centralized bitcoin and cryptocurrency exchanges saw a decline in activity during the last 30 days, according to TokenAnalyst data. Bitstamp is the only exchange to experience increased flow.

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BitMEX Bitcoin Outflow in July is Worse than Reported

Everybody knows that July was a bad month for one of the world’s largest bitcoin and crypto derivates exchange BitMEX. But they are wrong. July was – evidently – the worst.   New data reveals that the Seychelles-based firm experienced its most damaging net inflows in the said month.

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