Bitcoin Whale Ratio Surges Up As Leverage Remains High

News BTC

On-chain data shows the Bitcoin whale ratio has surged up recently, as leverage in the market has remained around an all-time high value.

Both Bitcoin Whale And Leverage Ratios Are Around ATHs Right Now

As pointed out by an analyst in a CryptoQuant post, BTC investors are involved in some high-risk trading in the futures market currently.

How To Get Free Crypto  

The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top ten inflows to exchanges, and the total exchange inflows.

Win an all-expenses-paid VIP trip to the FIFA World Cup and $30,000 in exclusive prizes with Punt Casino – the Road to Qatar awaits!
5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Since the ten largest transfers to exchanges are assumed to be from the whales, this metric tells us about whether whales are active on the market right now or not.

When the value of the ratio is high, it means whales are making a big contribution to the exchange inflows at the moment.

Now, here is a chart that shows the trend in the Bitcoin whale ratio over the last few years:

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?

Looks like the value of the metric has been elevated in recent days | Source: CryptoQuant

As you can see in the above graph, the quant from the post has marked the relevant periods of trend for the Bitcoin exchange whale ratio.

Coinbase Banner  

It seems like usually whenever the indicator has hit a high and then subsequently started declining, the price has also taken a large hit.

From the chart, it’s apparent that the metric has risen up during recent months, and is now floating around all-time high values.

The data for the “estimated leverage ratio” is also displayed. This indicator tells us the amount of leverage being used by the average trader on the futures market.

The Bitcoin leverage ratio has very sharply surged up recently and is also at a new ATH now, suggesting that investors are taking a lot of risk at the moment.

FreeBitcoin Banner  

High leverage in the market has historically resulted in a more volatile BTC price. Under these conditions, if the whale ratio also starts turning down and the same trend as in the past follows now as well, then things could get bearish very fast for the crypto.

BTC Price

At the time of writing, Bitcoin’s price floats around $19.5k, up 2% in the last seven days. Over the past month, the crypto has gained 1% in value.

The below chart shows the trend in the price of the coin over the last five days.

The value of the crypto seems to have been trending sideways since the plunge a few days back | Source: BTCUSD on TradingView
Featured image from Peg Lemkuil on, charts from,

Go to Source
Author: Hououin Kyouma

Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.