Bitcoin, Ether Exchange Inflows Surge Amid Growing Market Volatility

CryptoQuant's data indicates that Bitcoin (BTC) and Ether (ETH) exchange inflows have surged, raising concerns about increased market volatility.

This trend is particularly evident as Bitcoin approaches support at $60,000, with daily inflows exceeding 50,000 BTC.

Ether inflows have also surpassed 1.25 million ETH, while altcoin deposits hit their highest level in two months.

CryptoQuant notes that whale investors appear to be driving these moves, which may signal greater volatility in the market.