According to Odaily, CryptoQuant reports that the volume of Bitcoin, Ethereum, and altcoins flowing into exchanges has recently increased significantly. Historically, this pattern often signals that the crypto market is about to enter a phase of higher volatility.
Julio Moreno, Head of Research at CryptoQuant, pointed out that on June 30, the number of Bitcoin flowing into exchanges approached 49,000 BTC, an extremely rare level. This year, there have only been four other instances of single-day inflow peaks nearing 50,000 BTC, and these peaks have typically been followed by a notable amplification in price volatility and clear directional moves.
The report suggests that, given the current scale of inflows, the market is absorbing a large amount of Bitcoin being transferred to exchanges. Since transferring to exchanges usually implies potential selling pressure, position adjustments, or increased demand for derivatives margin, this could trigger more drastic price fluctuations.
CryptoQuant also notes that the volume of Ethereum and altcoins flowing into exchanges is rising, indicating that the pressure is not limited to Bitcoin but is spreading across the broader crypto asset market. Overall, a surge in exchange inflows may signal that a more significant change in short-term market direction is imminent.
Odaily reported GMGN data shows that ANSEM's market cap has exceeded $200 million, currently reported at $197 million.
Odaily reports that Open Standard, the consortium behind Open USD, has been accused of listing companies such as Samsung Electronics as supporters of the OUSD stablecoin project without their consent.
Tony Chung, Head of Blockmedia’s BD division, stated that Samsung Electronics said no formal discussions had taken place and that it was unclear what role it would play in the project.
Shinhan, Dunamu, and K Bank stated that Open Standard had inquired about their interest in participating, and they merely indicated they would "consider" it, only to later find their names listed as consortium members.
Tether advisor Gabor Gurbacs noted that some of the listed partners claimed they had never signed or agreed to anything.
Circle co-founder and CEO Jeremy Allaire commented, "Integrity matters." OUSD is expected to launch later this year. (Bitcoin.com News).
The PPP Prediction Market Tool monitoring shows that in Polymarket's "World Cup Round of 16: Argentina vs. Cape Verde" prediction event, an address that made a profit of $1.13 million in a week purchased $330,000 worth of Argentina winning in regular time.
Address: 0x0346afae2603313d2bbee96b628536c8cbe352a5
The Odaily Seer Prophet Channel continues to follow prediction markets, seeing changes before the price is set.
PPP reminds you of the upcoming schedule:
• Australia - Egypt July 4, 02:00 (UTC+8)
• Argentina - Cape Verde July 4, 06:00 (UTC+8)
• Colombia - Ghana July 4, 09:30 (UTC+8)
Stay updated with the latest schedule, access popular matches with one click, and quickly track the current moves of smart money.
According to Onchain Lens monitoring, Vitalik Buterin has just transferred 79 ETH, worth $137,000, for private funding purposes.
Odaily Odaily Odaily planet news According to market data, listed companies have net purchased 166,984 BTC so far this year, double the 81,153 BTC mined year-to-date, with an average daily purchase of 912 BTC. (BitcoinTreasuries)
