Bitcoin Deposits Surge to Nearly 49,000 BTC on June 30, 4th Time This Year

According to CryptoQuant, on June 30, Bitcoin daily deposits surged to nearly 49,000 BTC, approaching a 50,000 BTC threshold reached only 4 times this year. Research head Julio Moreno said the spike is a "rare extreme" and noted that the average Bitcoin deposit size doubled from about 1 BTC to 2 BTC, indicating larger holders are driving the move. Such increases in average deposit size historically precede heightened volatility and selling pressure.

Ether deposits climbed above 1.25 million ETH in late June, while altcoin exchange deposit transactions reached nearly 45,000 earlier this week—the highest level in almost 2 months. The simultaneous rise in deposits across major assets signals broader risk-off positioning. Bitcoin was trading around $62,180 at the time, with U.S. spot Bitcoin ETFs recording $221.7 million in net inflows on Thursday, according to SoSoValue.