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Bitcoin whale deposits on exchanges hit $55M daily, signaling rising selling pressure.

Market News
15 Nov 2026, 20:18 WIB
Blockonomi
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Bearish
Bitcoin whale deposits on exchanges hit $55M daily, signaling rising selling pressure.

Bitcoin whales are depositing about $55 million more than they withdraw daily on exchanges, indicating sustained selling pressure. This trend has been ongoing for weeks while Bitcoin trades around $64,853, down 1.16%. Glassnode's data shows that a shift back to net withdrawals would signal an easing of whale selling, but for now, deposits continue to outpace withdrawals, increasing the potential supply for sale. Investors should watch these flows as an early indicator of whale distribution activity and market pressure.

Bitcoin whale activity is noted alongside Pluang's cryptocurrency market data for context. For readers following crypto markets, 16 of 50 major cryptocurrencies rose while 33 fell, as of Nov 16, 2026 00:21 WIB. Notable movers include ONE up 5.98%, CRV down 5.44%, and COMP down 4.50%, with detailed Pluang order activity and typical hold times.

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