Wait and see approach: 3/4 of Bitcoin supply now illiquid
Around 76% of the total circulating Bitcoin supply is now illiquid according to on-chain analytics from Glassnode. Go to Source Powered by WPeMatico
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13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Dominates With $56.2B AUM
As 2022 begins, 13 different cryptocurrency exchange platforms have more than a billion dollars each in digital currencies held in reserves. Between all 13 trading platforms, the group of exchange platforms hold a whopping $165.25 billion worth of bitcoin, ethereum, and tether. 13 Crypto Exchanges Hold a Billion or More in Crypto Equalling Over $165 … Read more
Ethereum whales dumping ETH as price slides below $4K, data shows
The number of Ethereum addresses holding at least 1,000 ETH dropped to a four-year low this week. Go to Source Powered by WPeMatico
Small Ethereum investors increase exposure as ETH loses $4K level
The number of Ethereum addresses holding less than 0.01 ETH and 0.1 ETH has been climbing since early November against an ongoing price correction. Go to Source Powered by WPeMatico
Monster-Sized Bitcoin Whale Transfers: Blockchain Parser Catches Significant Amounts of ‘Cold BTC’ Moved to Active Exchanges
Two days ago on November 30, the price of bitcoin (BTC) tapped a high that day reaching $59,250 per unit, but it has since dropped close to 5% in value to just above the $56K region. Onchain statistics indicate that whales and long-term holders (LTHs) have been spending over the last month and blockchain parsers … Read more
Bitcoin has stalled, but here’s why pro traders still expect $80K by January
Bitcoin price is hitting resistance while trading 7.75% below its all-time high, but derivatives data shows pro traders are still aiming for $80,000 by January. Go to Source Powered by WPeMatico
Record whale accumulation precipitated latest all-time high Bitcoin breakout
Bitcoin’s new all-time highs appear to have been triggered by a dramatic reduction in active supply over recent months. Go to Source Powered by WPeMatico
Bitcoin whale indicator detects multi-month accumulation trend as BTC eyes $67K-retest
The “Whales Supply Shock” metric has been pretty accurate in detecting Bitcoin market tops. Go to Source Powered by WPeMatico
As Bitcoin’s Price Spikes Pods of BTC Whales Begin to Shrink in Size
Recent metrics from a variety of analytical web portals show that the quantity of bitcoin whales has been shrinking in recent times. The data indicates that the leading crypto asset has been distributed quite a bit since the price run-up started. Pods of Bitcoin Whales Shrink — Addresses With Small Quantities of Bitcoin Catch the … Read more
Long-term Bitcoin bulls hodl strong despite five-month price high
Bitcoin wallets that haven’t seen outflows for more five months and are currently sitting on $754 billion worth of the asset. Go to Source Powered by WPeMatico
