Julio Moreno (@jjcmoreno) 's Twitter Profile
Julio Moreno

@jjcmoreno

Head of Research @CryptoQuant_com | Data-driven analysis of Bitcoin and digital assets.

ID: 857391241

linkhttp://cryptoquant.com calendar_today02-10-2012 02:43:10

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Julio Moreno (@jjcmoreno) 's Twitter Profile Photo

Bitcoin is at a fresh all-time high, and selling pressure is low as measured by exchange inflows. See our full report. No Pressure: Bitcoin Hits All-Time High Amid Lowest Exchange Inflows in a Decade. cryptoquant.com/insights/resea…

Bitcoin is at a fresh all-time high, and selling pressure is low as measured by exchange inflows.

See our full report.
No Pressure: Bitcoin Hits All-Time High Amid Lowest Exchange Inflows in a Decade.

cryptoquant.com/insights/resea…
Julio Moreno (@jjcmoreno) 's Twitter Profile Photo

Can we just enjoy the ATH without the: "Bitcoin is going to $1M" "The bull market is just starting" "There's trillions of capital waiting"

Julio Moreno (@jjcmoreno) 's Twitter Profile Photo

Bitcoin exchange inflows spiked as prices hit the most recent all-time high yesterday. Higher exchange inflows typically precede price volatility.

Bitcoin exchange inflows spiked as prices hit the most recent all-time high yesterday.

Higher exchange inflows typically precede price volatility.
Julio Moreno (@jjcmoreno) 's Twitter Profile Photo

Most Bitcoin flows to exchanges are being sent to Coinbase (light blue bars) and then Binance (violet bars). This chart shows large transfers (>100 BTC).

Most Bitcoin flows to exchanges are being sent to Coinbase (light blue bars) and then Binance (violet bars). 

This chart shows large transfers (>100 BTC).
Julio Moreno (@jjcmoreno) 's Twitter Profile Photo

Entonces Arturo Herrera, podemos esperar que cuando seas Presidente: - Reconocerás Bitcoin como moneda de curso legal, aceptada para el pago de impuestos y extinción de deudas. - Impedirás qué el Banco de México siga imprimiendo dinero. Si es así, tienes mi voto.

Julio Moreno (@jjcmoreno) 's Twitter Profile Photo

ETH is close to the historical $4,000 resistance level again. The upper price band is at $5,240 based on current realized price.

ETH is close to the historical $4,000 resistance level again.

The upper price band is at $5,240 based on current realized price.
Julio Moreno (@jjcmoreno) 's Twitter Profile Photo

What's behind the Bitcoin price drop? In part, a large transfers–34K Bitcoin in total– from a large player to other OTC desks and to Exchanges. See the analysis 👇 from Maartunn CryptoQuant.com

Julio Moreno (@jjcmoreno) 's Twitter Profile Photo

Today's large move of Bitcoin seems to be hitting other exchanges: Binance, Bybit, Gemini and OKX show increasing inflows in the last few hours. These are flows of 100 or more BTC each.

Today's large move of Bitcoin seems to be hitting other exchanges: Binance, Bybit, Gemini and OKX show increasing inflows in the last few hours.

These are flows of 100 or more BTC each.
Julio Moreno (@jjcmoreno) 's Twitter Profile Photo

Coinciding with today's large transfer of Bitcoin, Binance, Bybit and Gate have seen a sharp increase in open interest in the last 24h, ~$4 billion. This mean shorts jumped in. Binance and Bybit received an important chunk of the coins transferred today.

Coinciding with today's large transfer of Bitcoin, Binance, Bybit and Gate have seen a sharp increase in open interest in the last 24h, ~$4 billion. 
This mean shorts jumped in.

Binance and Bybit received an important chunk of the  coins transferred today.
Julio Moreno (@jjcmoreno) 's Twitter Profile Photo

Seems like Galaxy may have transferred their Bitcoin to these exchanges to use it as margin. From their prospectus dated May 29, 2025.

Seems like Galaxy may have transferred their Bitcoin to these exchanges to use it as margin.

From their prospectus dated May 29, 2025.
Julio Moreno (@jjcmoreno) 's Twitter Profile Photo

Open interest was already spiking on Bybit, Gate and Binance spiked (heat map turns red) as today's large Bitcoin inflows (bars) were building up.

Open interest was already spiking on Bybit, Gate and Binance spiked (heat map turns red) as today's large Bitcoin inflows (bars) were building up.