សញ្ញាធ្លាក់ចុះ Bitcoin: ត្រីបាឡែនបង្កើនការបោះចោល

On-chain data shows the Bitcoin exchange whale ratio has started to sharply rise, a sign that these humongous holders may be beginning to dump.

Whales Are Behind Almost 90% Of Bitcoin Exchange Inflows Right Now

ដូចដែលបានចង្អុលបង្ហាញដោយអ្នកវិភាគនៅក្នុងគ្រីបតូក្វាន់ ក្រោយ, whales may be ramping up dumping, a sign that could be bearish for the price of BTC.

"អត្រាប្តូរប្រាក់ត្រីបាឡែន” គឺជាសូចនាករដែលវាស់វែងសមាមាត្ររវាងផលបូកនៃប្រតិបត្តិការ Bitcoin កំពូលទាំងដប់ចំពោះការផ្លាស់ប្តូរ និងលំហូរចូលនៃការផ្លាស់ប្តូរសរុប។

Since the 10 biggest transactions to exchanges usually belong to the whales, this metric can tell us about the relative size of whale inflows to the rest of the market.

When the value of this metric is high (that is, above 85%), it means whales currently make up a very large part of the overall exchange inflows.

Especially high values can suggest that whales are mass dumping at the moment, something that could prove to be bearish for the price of Bitcoin.

On the other hand, the indicator having values lesser than 85% can imply whale selling in the market is at a healthy level right now. During bull runs, the metric usually remains in this range.

ការអានដែលទាក់ទង | ទីផ្សារ Bitcoin ធ្លាក់ចូលទៅក្នុងការភ័យខ្លាចយ៉ាងខ្លាំង តើវាគួរឱ្យខ្លាចប៉ុណ្ណា?

Now, here is a chart that shows the trend in the Bitcoin exchange whale ratio (72-hour MA) over the course of 2022 so far:

The indicator's value seems to have surged up recently | Source: គ្រីបតូក្វាន់

As you can see in the above graph, the Bitcoin exchange whale ratio has shot up and is now approaching the 90% mark.

This suggests that whales may be starting to ramp up their dumping right now. Earlier in the month, the ratio exceeded the 90% point and the coin’s price plummeted down to below $26k.

Related Reading | ទិន្នន័យថ្មីបង្ហាញថាប្រទេសចិននៅតែគ្រប់គ្រង 21% នៃការជីកយករ៉ែ Bitcoin សកល

If the indicator keeps rising and a similar trend follows this time as well, then more downside could be in store for the cryptocurrency.

តម្លៃ BTC

នៅពេលសរសេរ។ តម្លៃរបស់ Bitcoin អណ្តែតនៅជុំវិញ $29.7k ធ្លាក់ចុះ 6% ក្នុងរយៈពេលប្រាំពីរថ្ងៃចុងក្រោយនេះ។ ក្នុងរយៈពេលមួយខែកន្លងមកនេះ គ្រីបតូបានបាត់បង់តម្លៃ 25%។

តារាងខាងក្រោមបង្ហាញពីនិន្នាការតម្លៃកាក់ក្នុងរយៈពេលប្រាំថ្ងៃចុងក្រោយនេះ។

Looks like the price of the crypto has mostly moved sideways over the past few days | Source: BTCUSD ស្តីពី TradingView

Since Bitcoin’s quick rebound back above the $30k level from the crash down to below $26k, the coin hasn’t shown much movement.

At the moment, it’s unclear when BTC may break out of this consolidation that it has been stuck in during the past week.

Featured image from Unsplash.com, charts from TradingVIew.com, CryptoQuant.com