Crypto whales stay off exchanges
A Bitcoin (BTC) sell-off and associated price fall are “not going to happen,” a well-known the CEO of a well-known analytics tool has said. In a tweet on Oct. 12, Ki Young Ju, CEO of CryptoQuant, noted that average inflows to exchanges were staying low despite BTC price gains.
Ki highlighted CryptoQuant’s mean exchange inflow metric, which remains comfortably within the low-risk area, suggesting a low chance of a sell-off. Mean exchange inflow measures how much Bitcoin is entering exchanges, with the implication that it could be used for selling or trading activities. By extension, it gives an idea of whale activity — large volume hodlers planning to divest themselves of BTC. “$BTC dumping is not going to happen,” Ki commented.
“All Exchanges Inflow Mean usually indicates how many whales are active on exchanges. Above 2 BTC is the danger zone, and we’re still in the safe zone.” As such, BTC/USD climbing to near $11,500 this week has not increased investors’ temptation to sell.
The lack of activity runs in stark contrast to earlier this year. On March 9, a week before coronavirus caused a cross-asset price crash, exchange inflows passed the 2 BTC “danger zone.” Days later, around March 14, inflows hit a peak of almost 5 BTC. Bitcoin subsequently fell to $3,600.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 83.2% | 27 | $63 594.33 | -1.83% | -5.73% | $1 252 025 337 724 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 74.4% | 45 | $3 039.42 | -2.00% | -7.31% | $364 949 888 824 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $1.000390 | -0.02% | 0.03% | $109 512 309 845 |  |
|
| 4 |  BNB |
Binance Coin predictions | 88.4% | 18 | $554.95 | -0.79% | -6.33% | $82 983 392 764 |  |
|
| 5 |  SOL |
Solana predictions | 75.2% | 51 | $141.39 | -2.63% | -7.00% | $63 174 091 317 |  |
|
| 6 |  USDC |
USD Coin predictions | 94% | 2 | $1.000070 | 0.01% | 0.02% | $33 905 810 780 |  |
|
| 7 |  XRP |
XRP predictions | 72.4% | 60 | $0.522280 | 4.24% | -3.92% | $28 792 851 909 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 68.8% | 59 | $0.152076 | -0.43% | -11.87% | $21 893 201 081 |  |
|
| 9 |  TON |
Toncoin predictions | 65.6% | 64 | $6.21 | -13.14% | -6.99% | $21 567 602 629 |  |
|
| 10 |  ADA |
Cardano predictions | 67.2% | 60 | $0.483966 | 3.87% | -5.77% | $17 241 131 851 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 62.8% | 85 | $0.000023 | -0.30% | -7.16% | $13 416 969 506 |  |
|
| 12 |  AVAX |
Avalanche predictions | 67.2% | 60 | $35.38 | -0.33% | -8.46% | $13 371 857 046 |  |
|
| 13 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  WBTC |
Wrapped Bitcoin predictions | 82.4% | 31 | $63 634.66 | -1.65% | -5.61% | $9 887 791 148 |  |
|
| 15 |  DOT |
Polkadot predictions | 71.2% | 57 | $6.74 | -1.34% | -7.42% | $9 676 778 695 |  |
