Bitcoin

Momentum

Coin

<ul class="news-points"> 
 <li>Cryptoquant marks Whale Ratio as the key to unraveling market momentum.</li> 
 <li>Whale Ratio arises when the top 10 BTC inflows dominate the total BTC inflows. </li> 
 <li>The Whale Ratio often hovers below the 85% mark in a bullish market.</li> 
</ul> 
According to Cryptoquant, the leading on-chain data and analytics provider, Whale Ratio is the key to unraveling market momentum. In a Twitter thread, the analytics platform explained how to use the Whale Ratio indicator to understand the <a href="https://coinedition.com/market/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency market</a>. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Decoding the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> Whale Ratio: The Key to Unraveling Market Momentum Quicktake Post by <a href="https://twitter.com/KriptoMevsimi?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@KriptoMevsimi</a> Thread<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/ZU7987UdMt" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/ZU7987UdMt</a>— CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1682285530686558208?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 21, 2023</a> 
 </blockquote> 
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
Cryptoquant explained that Whale Ratio comes into play when the top 10 Bitcoin inflow transactions comprise a large chunk of the total BTC inflows on an exchange. To figure this out, Cryptoquant notes that users need to find Whale-Focused Exchanges with Top 10 Inflows and their relative cumulative size to total inflows. 
The analytics platform noted that this ratio often hovers below the 85% mark in a bullish market. However, it cautions that in the bear market’s clutches, or when facing a fal… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/analytics-platform-whale-ratio-key-to-unraveling-market-momentum/">Analytics Platform: Whale Ratio Key to Unraveling Market Momentum</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Analytics Platform: Whale Ratio Key to Unraveling Market Momentum

Coin Edition

Other articles published on Jul 21, 2023

Solana Network Shines With Improved Stability and Uptime in H1 2023

Chainlink Price Surges 20%; LINK Gets Ready for $10.00 Breakout?

Indonesia Launches Crypto Exchange and Clearing House

Crypto Price Analysis July-21: A Snapshot of BTC, ETH, DOGE, and More

This Altcoin Rises 20%, Companies Start Selling!

Indonesia Launch of a National Crypto Bourse and Clearing House

Join our free newsletter for daily crypto updates!