{"id":560843,"date":"2023-11-15T19:00:51","date_gmt":"2023-11-15T19:00:51","guid":{"rendered":"https:\/\/uniquehot.com\/?p=560843"},"modified":"2024-06-11T07:02:19","modified_gmt":"2024-06-11T07:02:19","slug":"bitcoin-bearish-exchanges-received-1-12b-inflows","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/","title":{"rendered":"Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month"},"content":{"rendered":"

On-chain data shows exchanges have registered Bitcoin deposits of about $1.2 billion in the past month.<\/p>\n

Bitcoin Exchange Supply Has Seen A Significant Increase In The Past Month<\/h2>\n

As explained by analyst Ali in a new post<\/a> on X, exchanges have seen hefty inflows recently. The relevant indicator here is the “balance on exchanges<\/a>,” which keeps track of the total amount of Bitcoin in the wallets of all centralized exchanges.<\/p>\n

When this metric’s value rises, these platforms are receiving a net amount of deposits right now. Generally, one of the main reasons investors would choose to transfer their coins to exchanges from their self-custodial wallets is for selling purposes, so a high amount of inflows can be a sign that a selloff may be taking place in the market.<\/p>\n

Related Reading: Ethereum Could Decline To $1,700 Based On This Pattern, Analyst Explains<\/a><\/div>\n

On the other hand, the indicator’s value going down suggests the holders are withdrawing their coins currently. The investors usually transfer their BTC to self-custodial wallets to hold onto them for extended periods. This kind of behavior, when sustained, could prove to be bullish for the price in the long term.<\/p>\n

Now, here is a chart that shows the trend in the Bitcoin balance on exchanges over the past couple of months:<\/p>\n

\"Bitcoin<\/p>\n

The value of the metric seems to have been going up in recent weeks | Source: @ali_charts on X<\/a><\/pre>\n
As displayed in the above graph, the Bitcoin balance on exchanges has been rising during the past month, suggesting that a net amount of supply has been constantly flowing into these platforms.<\/p>\n
This latest uptrend in the indicator started around when BTC’s recent upward push began, a potential sign that the deposits were being made to take advantage of the profitable exit opportunity.<\/p>\n
The metric’s rise had been slow at first, but after Bitcoin’s latest adventure above $37,000<\/a>, the exchanges have seen a sharp growth in their supply. This elevated selling pressure could be why the asset has slowed down in the last few days.<\/p>\n
The exchanges have received inflows of about 34,000 BTC in the past month, equivalent to about $1.2 billion at the current exchange rate. While this is significant selling pressure in the short-term, this amount is still not much in the grand scheme of things, as the total balance on exchanges is of the scale of more than 2.5 million BTC right now.<\/p>\n
Related Reading: Chainlink Declines 6%: Rally Over Or Is There More To Go?<\/a><\/div>\n
The recent increased selling pressure in the market is also visible in the form of the number of addresses owned by the whales<\/a> (entities holding at least 1,000 BTC), as the chart shared by the same analyst shows.<\/p>\n
\"Bitcoin<\/p>\n
Looks like the value of the metric has plunged recently | Source: @ali_charts on X<\/a><\/pre>\n
The number of addresses under this cohort has seen a notable decline recently, implying that these humongous investors have been selling off their coins and exiting the sector.<\/p>\n
BTC Price<\/h2>\n
Bitcoin has registered some decline during the past few days as its price is now floating around the $36,000 level.<\/p>\n
\"Bitcoin<\/p>\n
BTC has observed a drop recently | Source: BTCUSD on TradingView<\/a><\/pre>\n
Featured image from Unsplash.com, charts from TradingView.com, Glassnode.com<\/div>\n","protected":false},"excerpt":{"rendered":"
On-chain data shows exchanges have registered Bitcoin deposits of about $1.2 billion in the past month. Bitcoin Exchange Supply Has Seen A Significant Increase In The Past Month As explained by analyst Ali in a new post on X, exchanges have seen hefty inflows recently. The relevant indicator here is the “balance on exchanges,” which keeps track of the total amount of Bitcoin in the wallets of all centralized exchanges. When this metric’s value rises, these platforms are receiving a net amount of deposits right now. Generally, one of the main reasons investors would choose to transfer their coins to exchanges from their self-custodial wallets is for selling purposes, so a high amount of inflows can be a sign that a selloff may be taking place in the market. Related Reading: Ethereum Could Decline To $1,700 Based On This Pattern, Analyst Explains On the other hand, the indicator’s value going down suggests the holders are withdrawing their coins currently. The investors usually transfer their BTC to self-custodial wallets to hold onto them for extended periods. This kind of behavior, when sustained, could prove to be bullish for the price in the long term. Now, here is a chart that shows the trend in the Bitcoin balance on exchanges over the past couple of months: The value of the metric seems to have been going up in recent weeks | Source: @ali_charts on X As displayed in the above graph, the Bitcoin balance on exchanges has been rising during the past month, suggesting that a net amount of supply has been constantly flowing into these platforms. This latest uptrend in the indicator started around when BTC’s recent upward push began, a potential sign that the deposits were being made to take advantage of the profitable exit opportunity. The metric’s rise had been slow at first, but after Bitcoin’s latest adventure above $37,000, the exchanges have seen a sharp growth in their supply. This elevated selling pressure could be why the asset has slowed down in the last few days. The exchanges have received inflows of about 34,000 BTC in the past month, equivalent to about $1.2 billion at the current exchange rate. While this is significant selling pressure in the short-term, this amount is still not much in the grand scheme of things, as the total balance on exchanges is of the scale of more than 2.5 million BTC right now. Related Reading: Chainlink Declines 6%: Rally Over Or Is There More To Go? The recent increased selling pressure in the market is also visible in the form of the number of addresses owned by the whales (entities holding at least 1,000 BTC), as the chart shared by the same analyst shows. Looks like the value of the metric has plunged recently | Source: @ali_charts on X The number of addresses under this cohort has seen a notable decline recently, implying that these humongous investors have been selling off their coins and exiting the sector. BTC Price Bitcoin has registered some decline during the past few days as its price is now floating around the $36,000 level. BTC has observed a drop recently | Source: BTCUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, Glassnode.com<\/p>\n","protected":false},"author":542,"featured_media":560881,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,85841,85555,1119,1144],"class_list":["post-560843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-bearish-signal","tag-bitcoin-exchange-inflows","tag-btc","tag-btcusd"],"acf":[],"yoast_head":"\nBitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month<\/title>\n<meta name=\"description\" content=\"On-chain data shows exchanges have registered Bitcoin deposits adding up to about $1.12 billion in the past month.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month\" \/>\n<meta property=\"og:description\" content=\"On-chain data shows exchanges have registered Bitcoin deposits adding up to about $1.12 billion in the past month.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-15T19:00:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:02:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848\" \/>\n\t<meta property=\"og:image:width\" content=\"4272\" \/>\n\t<meta property=\"og:image:height\" content=\"2848\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month\",\"datePublished\":\"2023-11-15T19:00:51+00:00\",\"dateModified\":\"2024-06-11T07:02:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/\"},\"wordCount\":499,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848\",\"keywords\":[\"bitcoin\",\"Bitcoin Bearish Signal\",\"Bitcoin Exchange Inflows\",\"btc\",\"btcusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/\",\"url\":\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/\",\"name\":\"Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848\",\"datePublished\":\"2023-11-15T19:00:51+00:00\",\"dateModified\":\"2024-06-11T07:02:19+00:00\",\"description\":\"On-chain data shows exchanges have registered Bitcoin deposits adding up to about $1.12 billion in the past month.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848\",\"width\":4272,\"height\":2848,\"caption\":\"Bitcoin Bear\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/uniquehot.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month","description":"On-chain data shows exchanges have registered Bitcoin deposits adding up to about $1.12 billion in the past month.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month","og_description":"On-chain data shows exchanges have registered Bitcoin deposits adding up to about $1.12 billion in the past month.","og_url":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-11-15T19:00:51+00:00","article_modified_time":"2024-06-11T07:02:19+00:00","og_image":[{"width":4272,"height":2848,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848","type":"image\/jpeg"}],"author":"Keshav Verma","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month","datePublished":"2023-11-15T19:00:51+00:00","dateModified":"2024-06-11T07:02:19+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/"},"wordCount":499,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848","keywords":["bitcoin","Bitcoin Bearish Signal","Bitcoin Exchange Inflows","btc","btcusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/","url":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/","name":"Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848","datePublished":"2023-11-15T19:00:51+00:00","dateModified":"2024-06-11T07:02:19+00:00","description":"On-chain data shows exchanges have registered Bitcoin deposits adding up to about $1.12 billion in the past month.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848","width":4272,"height":2848,"caption":"Bitcoin Bear"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/uniquehot.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month","url":"http:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/bitcoin-bearish-exchanges-received-1-12b-inflows\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin bearish signal","bitcoin exchange inflows","btc","btcusd"],"dateCreated":"2023-11-15T19:00:51Z","datePublished":"2023-11-15T19:00:51Z","dateModified":"2024-06-11T07:02:19Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Bearish Signal: Exchange Inflows Hit $1.2 Billion In Past Month\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-bearish-exchanges-received-1-12b-inflows\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-bearish-exchanges-received-1-12b-inflows\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin bearish signal\",\"bitcoin exchange inflows\",\"btc\",\"btcusd\"],\"dateCreated\":\"2023-11-15T19:00:51Z\",\"datePublished\":\"2023-11-15T19:00:51Z\",\"dateModified\":\"2024-06-11T07:02:19Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/hans-jurgen-mager-qQWV91TTBrE-unsplash.jpg?fit=4272%2C2848","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/560843"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=560843"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/560843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/560881"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=560843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=560843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=560843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}