Bitcoin whales join ‘small fish’ in buying BTC as price holds above $47K
Bitcoin addresses holding 1,000 to 10,000 BTC have resumed accumulating coins. Go to Source Powered by WPeMatico
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Bitcoin ‘sell the rally’ indicator flashes again as BTC price breaks below $45K
An on-chain indicator, notorious for spotting fake bullish breakouts during downside corrections, flashes again. Go to Source Powered by WPeMatico
Large hodlers accumulate Bitcoin below $50K as BTC transactions over $1M soar
The dominance of Bitcoin transactions of values above $1mm doubled year-over-year, hinting at a rising institutional involvement in the cryptocurrency space. Go to Source Powered by WPeMatico
Bears lick their paws while Bitcoin price blasts through $46,000
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300. Go to Source Powered by WPeMatico
Bitcoin erases May crash losses as BTC price rebounds to $44K
Indicators suggest that Bitcoin is looking to repeat the October 2020-like rally that sent the prices from $10,000 to $65,000. Go to Source Powered by WPeMatico
This key Bitcoin price indicator shows pro traders buying each dip
Derivatives data shows Bitcoin whales added to their leveraged positions after BTC price topped out at $42,600. Go to Source Powered by WPeMatico
Bitcoin outflows from centralized exchanges surge to 100K BTC monthly
Centralized exchanges have experienced their heaviest week of Bitcoin withdrawals since November 2020. Go to Source Powered by WPeMatico
Strong Bitcoin accumulation spotted as BTC price refuses to fall below $30K
Glassnode data reveals that investors with a long-term risk outlook have started accumulating Bitcoin during its recent downtrend. Go to Source Powered by WPeMatico
Bitcoin analyst says ‘supply shock’ underway as BTC withdrawal rate spikes to one-year high
The supply shock is being unnoticed similar to Q4 2020 before the price of Bitcoin skyrocketed, says Willy Woo. Go to Source Powered by WPeMatico
ETH 2.0 Contract Exceeds 6 Million Ether, Data Shows Ethereum Outperformed BTC in Q1 and Q2
Statistics show that the Ethereum 2.0 deposit contract has exceeded 6 million ether this week as more than $12.4 billion worth of ethereum is held in the contract today. Onchain metrics show that Ethereum has seen some significant drawdowns in recent times and decentralized finance (defi) activity has slowed compared to last summer’s statistics. Despite … Read more
