Bitcoin’s move toward $80,000 coincides with 3-4x growth in spot volume

  • CryptoQuant linked Bitcoin’s move toward $80,000 with increased market activity.
  • Spot trading volume rose about three to four times, with Binance holding the largest share.
  • Hourly whale inflows repeatedly exceeded 2,000 BTC, while altcoin exchange deposits tripled.

Bitcoin’s recent advance toward $80,000 has been accompanied by a sharp increase in market activity, CryptoQuant said in a post on X. Spot trading volume rose about three to four times from earlier levels, with Binance accounting for the largest share. Inflows from whales, meaning large cryptocurrency holders, also remained active: hourly deposits repeatedly exceeded 2,000 BTC, while the average deposit size climbed above 50 BTC. Altcoin deposits to exchanges increased about threefold, indicating that market participation is broadening again.

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