Svmuu News: CryptoQuant reports that last week, the number of Bitcoin deposited into centralized exchanges rose to nearly 50,000 BTC per day, marking the fourth time this year that this level has been reached.The report notes that this increase coincided with Bitcoin testing the key support level of $60,000; if that level is breached, Bitcoin could move toward the realized price of $53,000.During the same period, the average deposit size on Bitcoin nearly doubled from 1 BTC to 2 BTC. CryptoQuant noted that this growth was driven by whales and institutions, rather than retail investors. Ethereum Daily inflows peaked at 1.25 million ETH, while the number of deposit transactions for other altcoins also rose to over 45,000 per day. Bitcoin It rose 3.5% this week to $62,886, remaining more than 50% below its October all-time high of $126,080; Ethereum It rose nearly 12% this week to $1,787, remaining about 64% below its all-time high of $4,946. (Decrypt).