Crypto markets could be heading into a more volatile phase after a sharp rise in exchange deposits for Bitcoin (BTC), Ethereum (ETH), and major altcoins—an on-chain signal that often precedes larger price swings as readily sellable supply increases. In a report cited by The Block, CryptoQuant research head Julio Moreno said Bitcoin exchange inflows surged to roughly 49,000 BTC on June 30.
Source: Read the original article
