CryptoQuant: Last week, large Bitcoin holders increased deposits to exchanges.

According to Jinse Finance, on-chain analysis company CryptoQuant stated that after Bitcoin's price fell to around $80,000 last week, large traders increased the amount of Bitcoin sent to exchanges. On November 21, the total inflow of Bitcoin to exchanges for the day reached 9,000 coins, with 45% coming from large deposits of 100 coins or more, setting a new high for the year. At the same time, the deposit activity of Ethereum and other altcoins on exchanges remains high, with the average single deposit amount for Ethereum rising to 41.7 coins, the highest in nearly three years. The number of daily deposits for altcoins has remained at a high level since July, peaking at 78,000 on October 17, reflecting the active exchange liquidity in the market under ongoing selling pressure.