According to CryptoQuant, Bitcoin exchange inflows exceeded 50,000 BTC per day on July 6, a level reached only four other times in 2026, signaling heightened market volatility as BTC tests the critical $60,000 support zone. The surge was driven primarily by large market participants, with average deposit size rising from 1 BTC to 2 BTC, indicating whale and institutional activity rather than retail trading. Similar patterns have historically preceded significant price movements.
Ethereum exchange inflows surpassed 1.25 million ETH in late June, suggesting the deposit spike extends across the broader cryptocurrency market. CryptoQuant noted that concurrent increases in Bitcoin and Ethereum inflows have historically coincided with risk-off sentiment and elevated volatility across digital assets.