Seems like OKEx withdrawal system is trying to open

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OKEx CEO confirmed that it was testing.

Jay Hao Twitter | View Chart | @cryptoquant_official

🎉 $ETH2 threshold has been reached.

- Phase 0 Success Rate: 101.4%
- Total Value Staked: 531,872 ETH
- Validators: 16,621

ETH2 Dashboard | @CryptoQuant_Official

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Explore 7,250+ on-chain data charts. It tells you what's going on under the hood for BTC, ETH and stablecoins.

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OTC markets are still active.

$BTC Fund Flow Ratio hit the three-year low a few days ago. Only 3% of transactions are used for exchange deposits/withdrawals on the network.

We might have corrections, but I think it would eventually break 20k.

Analyst: Ki Young Ju | View Pro Chart | @cryptoquant_official

BTC open interest (perpetual contracts) on Bybit, Huobi renewed the year-high yesterday and keeps increasing.

View Pro Chart | @cryptoquant_official

Stablecoin supply on exchanges is crazy.

Sooner or later, you'll experience unprecedented buying pressure in history.

It's a liquidity-driven market rally.

Analyst: Ki Young Ju | View Chart | @cryptoquant_official

All Exchanges Inflow Mean increased a few hours ago.

It indicates that whales, relatively speaking, deposited $BTC to exchanges.

But long-term on-chain indicators say the buying pressure prevails. I still think we can break 20k in a few days.

Analyst: Ki Young Ju | View Chart | @cryptoquant_official

OKEx has restored the full range of withdrawal services, which is scheduled to reopen today at 08:00 UTC.

View Details

History doesn't repeat, but it often echos & rhymes. 🧐

*Note: Stablecoins Ratio(USD) indicates selling pressure. It's BTC reserve in USD divided by stablecoins reserve for all exchanges.

Analyst: Cole Garner | View Chart | @cryptoquant_official

[Maintenance Announcement]
Open Interest and estimated leverage ratio data will have maintenance at 09:00-10:00 UTC for the update. All other data will work well.

OKEx withdrawals are now live

OKEx Twitter

The first #OKEx outflow after the withdrawal opening hit 2,822 BTC by the block time frame.

It's the year-high for OKEx in the block time frame.

View Pro Charts | @cryptoquant_official

More $BTC corrections might come. All Exchanges Inflow Mean (144-block MA) remains still high.

In my opinion, we'll face some corrections/sideways this week, and it will break $20k by December this year. I'll stack some sats a few days after.

Analyst: Ki Young Ju | View Chart | @cryptoquant_official

BTC Whales are depositing to exchanges. I expect dumping in the short-run.

All Exchanges Inflow Mean(144-block MA) hit 2 BTC. I think we're in a danger zone. The price is likely to go sideways or down when whales are active on exchanges.

Analyst: Ki Young Ju | View Pro Chart | @cryptoquant_official

24,631 $BTC moved out of OKEx yesterday.

It's the 8-month high since March 13 this year.

View Chart | @cryptoquant_official

"Bitcoin can't dump because exchange reserves are only going down" is not a strategy

Supply will show up out of nowhere

Posting this because there ain't such thing as a free lunch

Analyst: //Fiat 𝕵ack 🐐 | View Pro Chart | @cryptoquant_official

BTC would go sideways or bearish in the short-run I think.

1/ The number of #stablecoin user deposits on all exchanges is decreasing. I think buying pressure is too weak to break $20k at this moment.

2/ In the bull market, usually $BTC outflow is higher than inflow. For now, $BTC inflow is higher than outflow since the correction a few days ago.

Analyst: Ki Young Ju | View Pro Chart | @cryptoquant_official

Long $BTC when #stablecoin whales are active.

When retail investors depositing under $25k stablecoins are active on exchanges, the market is likely to go sideways, bearish, or fake bull.

Analyst: Ki Young Ju | View Pro Chart | @cryptoquant_official

Whales are no longer withdrawing $BTC out of the exchange. This might be too early, but I bet short-term bearish.

The fact that whales don't withdraw means that $BTC is available for selling. If whales think the price will go up, they'll withdraw $BTC a lot.

I don't know when it'll start, but if the price drops, whales will react to the price and make high volatility.

Analyst: Ki Young Ju | View Pro Chart | @cryptoquant_official