CryptoQuant’s latest chart showed roughly 47,300 BTC sent to exchanges at a loss over 24 hours, compared with about 1,100 BTC sent at a profit. The chart tracks transfers by short-term holders, not completed sales, and does not show how much Bitcoin was later sold. Some deposits may be used for other purposes.
In a November 11 analysis, CryptoQuant contributor Amr Taha separately reported 46,060 BTC in loss-making deposits on November 10, after 50,790 BTC on November 3. CryptoQuant also recorded 8,114 BTC arriving at Binance on November 3 from coins last moved one day to one week earlier. That measure covers one exchange and does not show when the owners bought the coins.
