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Bitcoin (BTC), XRP and Cardano Readings Show More On-Chain Activity

Martinez cited 25,124 BTC entering exchange wallets, compared with roughly 7,682 BTC, and 51 Cardano transactions above $1 million, up from roughly 24.

Updated 1 min read
An anonymous commuter checks a smartphone on a sidewalk in Seoul’s Yeouido financial district. / TokenPost.ai (macro)
An anonymous commuter checks a smartphone on a sidewalk in Seoul’s Yeouido financial district. / TokenPost.ai (macro)

Crypto analyst Ali Martinez cited more activity across Bitcoin (BTC), the XRP Ledger and Cardano (ADA), but the figures do not show whether large holders coordinated trading.

An Oct. 21 post from Martinez listed 25,124 BTC transferred into exchange wallets, versus roughly 7,682 BTC, as Bitcoin rose from around $81,200 to an Oct. 20 peak of $83,407. Exchange inflows count BTC sent to exchange wallets. The figure alone does not establish whether the transferred BTC was sold.

Martinez pointed to higher XRP Ledger transaction volume in a weekend-to-Monday comparison. That metric covers ledger activity, including wallet-to-wallet transfers and smart-contract actions, which extends beyond exchange trading.

Martinez cited 51 Cardano transactions valued above $1 million, up from roughly 24, as ADA gained more than 5% from near $0.21. The count alone cannot show whether the underlying transactions were purchases or sales.

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