Bitcoin (BTC), XRP and Cardano (ADA) Show Rising On-Chain Activity

Crypto analyst Ali Martinez connected on-chain activity across Bitcoin (BTC), XRP and Cardano (ADA) with recent rebounds, while the readings he cited do not establish that large holders coordinated trades or intended to move prices. In an Oct. 21 post, Martinez paired Bitcoin’s move from about $81,200 to an Oct. 20 high of $83,407 with exchange inflows rising from roughly 7,682 BTC to 25,124 BTC. Exchange inflows count tokens transferred into exchange wallets; the measure alone does not show whether they were sold. For XRP, Martinez pointed to a rise in XRP Ledger transaction volume in a weekend-to-Monday comparison. The measure includes on-chain movements such as wallet transfers and smart-contract interactions, so it is broader than trading volume.

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