ការងើបឡើងវិញរបស់ Bitcoin ថយចុះនៅពេលដែលលំហូរចូលរបស់ត្រីបាឡែននៅតែមានការកើនឡើង

The latest recovery rally in the price of Bitcoin has now slowed down as on-chain data shows signs of dumping from whales.

Bitcoin Exchange Whale Ratio Continues To Be At High Values

ដូចដែលបានចង្អុលបង្ហាញដោយអ្នកវិភាគនៅក្នុងគ្រីបតូក្វាន់ ក្រោយ, BTC whales are sending their coins to exchanges at the moment.

"អត្រាប្តូរប្រាក់ត្រីបាឡែន” is an indicator that measures the ratio between the sum of the top ten transactions to exchanges and the total Bitcoin exchange inflows.

In simpler terms, this metric tells us how the whale transactions (that is, the ten biggest transfers) compare with the total amount going into exchanges.

If the value of this ratio is high, it means ត្រីបាឡែន are making up for a large part of the inflows right now. Such a trend can be a sign of dumping from these whales, and thus can be bearish for the crypto’s price.

ការអានដែលទាក់ទង | ពីរខែនៃការភ័យខ្លាចយ៉ាងខ្លាំងធ្វើឱ្យ Crypto ភ័យស្លន់ស្លោ Bitcoin នៅ $ 20K

On the other hand, low values of the indicator imply whales are making up a healthy part of the inflows currently. This trend can prove to be either neutral or bullish for the value of BTC.

Now, here is a chart that shows the trend in the Bitcoin exchange whale ratio over the last few months:

The 72-hour MA value of the metric seems to have been high recently | Source: គ្រីបតូក្វាន់

As you can see in the above graph, the Bitcoin exchange whale ratio has stayed at pretty high values in recent days.

Generally, the indicator’s value remains less than 0.85 during bull markets, while it stays at higher values than that in bear market periods.

ការអានដែលទាក់ទង | Bitcoin ត្រូវបានច្រានចោលនៅ $ 21K, ហេតុអ្វីបានជាការធ្វើតេស្តឡើងវិញនៃកម្រិតទាបអាចជាវិជ្ជមាន

The current value of the ratio is above 0.90, which means more than 90% of the exchange inflow is from the ten largest transactions right now. This can be a hint that whales are dumping at the moment.

Bitcoin attempted a recovery rally over the last few days after hitting the low below $18k, but the run has now slowed down as the value of the coin now looks to be moving sideways.

This halt in the move may possibly be because of selling from whales that the exchange whale ratio is signaling right now.

តម្លៃ BTC

នៅពេលសរសេរ។ តម្លៃរបស់ Bitcoin អណ្តែតនៅជុំវិញ $20.7k ធ្លាក់ចុះ 2% ក្នុងរយៈពេលប្រាំពីរថ្ងៃចុងក្រោយនេះ។ ក្នុងរយៈពេលមួយខែកន្លងមកនេះ គ្រីបតូបានបាត់បង់តម្លៃ 31%។

តារាងខាងក្រោមបង្ហាញពីនិន្នាការតម្លៃកាក់ក្នុងរយៈពេលប្រាំថ្ងៃចុងក្រោយនេះ។

Looks like the value of the crypto has been consolidating sideways over the past few days | Source: BTCUSD ស្តីពី TradingView

Featured image from Fábio Hanashiro on Unsplash.com, charts from TradingView.com, CryptoQuant.com