比特币存款激增至 49,000 BTC，CryptoQuant 警告波动风险

Bitcoin deposits to exchanges surged to nearly 49,000 BTC on June 30, approaching a threshold seen only 4 other times this year, according to CryptoQuant. Julio Moreno, head of research at CryptoQuant, described the move as a rare extreme driven by large holders repositioning assets, with average deposit size doubling from 1 BTC to 2 BTC. Historically, such spikes have preceded significant directional moves and heightened volatility across the crypto market.

Bitcoin Deposits Reach 49,000 BTC on June 30

Daily Bitcoin deposits climbed to nearly 49,000 BTC on June 30, close to the 50,000 BTC threshold that has appeared only 4 other times this year. Moreno wrote that at these inflow levels, the market is absorbing a large volume of Bitcoin being repositioned to exchanges, a pattern that has historically preceded significant directional moves.

Exchange deposits often rise when holders are preparing to sell, adjust collateral, rebalance positions, or move assets into more liquid trading venues. When the increase is large and sudden, it can change market depth and make price action more sensitive to order flow. Bitcoin was recently trading around $62,180, while U.S. spot Bitcoin ETFs recorded $221.7 million in net inflows on Thursday, ending a 10-day outflow streak, according to SoSoValue data.

Average Deposit Size Doubles to 2 BTC

The latest increase appears to be driven mainly by large holders rather than retail investors. Moreno said the average Bitcoin deposit to exchanges doubled from about 1 BTC to 2 BTC, pointing to larger transfers by whales and institutional investors.

High deposit volumes may reflect broad activity across many participants. A jump in average deposit size suggests larger holders are moving more Bitcoin at once, which can create heavier selling pressure if those coins are placed into active exchange liquidity. Moreno said spikes in average deposit size have historically been a more bearish signal than deposit volume alone because they reflect deliberate repositioning by larger market participants. He added that such moves have been a reliable leading indicator of downward price pressure.

The spike also comes as Bitcoin tests the $60,000 support area. Moreno said a break below that level could put Bitcoin on course toward its realized price near $53,000.

Ether Deposits Climb Above 1.25 Million ETH

The pattern is not limited to Bitcoin. Ether deposits to exchanges climbed above 1.25 million ETH in late June, a level Moreno said is consistent with elevated selling pressure.

Simultaneous increases in Bitcoin and Ether deposits are more important than isolated weakness in one asset. When both major crypto assets see exchange inflows rise at the same time, the signal points to a broader risk-off move rather than a single-asset adjustment.

Altcoin Deposit Transactions Hit 45,000

Altcoin deposits have also increased sharply. The number of altcoin deposit transactions reached nearly 45,000 earlier this week, the highest level in almost 2 months. Moreno described the move as a historical inflection-point signal for prices.

For altcoins, exchange deposit spikes can be especially sensitive because liquidity is often thinner than in Bitcoin or Ether markets. A rise in deposits can quickly translate into sharper price moves if holders decide to sell into weaker order books.

The current setup resembles an earlier pattern that preceded a broad crypto decline. Moreno said a similar spike in altcoin deposits occurred before Bitcoin fell from about $82,000 in early May to below $58,000 in late June. Moreno said that with the threshold being breached again while Bitcoin tests $60,000 support, the current configuration closely mirrors the pattern that preceded the prior leg down, warranting heightened caution from market participants.

常见问题

6 月 30 日比特币交易所存款达到了多少？
据 CryptoQuant 数据，6 月 30 日每日比特币存款攀升至近 49,000 BTC，接近今年仅出现 4 次的 50,000 BTC 门槛。

为什么大额比特币存款规模很重要？
比特币交易所的平均存款规模从约 1 BTC 翻倍至 2 BTC，表明鲸鱼和机构投资者进行更大额的转账。Julio Moreno 表示，平均存款规模的激增历来比单纯的存款量更具看跌信号，因为这反映了大型市场参与者的故意重新配置。

近期以太坊和山寨币存款有何变化？
据 CryptoQuant 分析，6 月下旬以太坊交易所存款攀升至超过 125 万 ETH，而本周早些时候山寨币存款交易量达到近 45,000 笔，创近 2 个月新高。