Despite the fact that BTC holdings have been declining for three years, there are still many deposits left on the Bitcoin exchange.

According to new data, with the massive spread of money, Bitcoin Whale sent a lot of coins to be exchanged.

The large market accounts for over 90% of recent trade, according to the company's analysis of CryptoQuant's whale stocks.

The first 10 deposits represent 90% of the exchange rate.

Obviously, unlike the previous behavior, the past week has been very active in selling the large whales of the exchange.

The whale exchange rate, which measures the ratio of the top 10 deposits to the total deposit, is strong.

Cryptoquant CEO Joo Ki-young concludes that "the giant whale released BTC on the exchange."

"The share of BTC swap whales (72h MA) has reached 91%. This shows that the top 10 giant whales account for 91% of all swap deposits in one hour."

This information provides an interesting insight into the present history of great whales.

According to a report from Cointelegraph, a large wallet was bought during this downturn and the massive bid on the Bitfinex exchange rose from $ 50,000 to $ 54,000 on Tuesday.

As stated in President Ki's response, the economy is expected to continue to recover from the exchange rate and the exchange rate remains at its lowest level since mid-2018.

Bitcoin prices are constantly changing

Bitcoin's volatility gains on Tuesday interfered with the exchange quickly becoming major.

This has happened a number of times over the past week and has hit key levels again whenever we see the price of BTC dropping sharply.

For analysts, $ 60,000 remains the key support level they must compete with to reverse the current slowdown.