On-chain data shows that Bitcoin short-term holders have deposited $2 billion in BTC to exchanges, the fourth largest amount in the last two years. Bitcoin Short-Term Holder Exchange Inflows Have Spiked Up As analyst James V. Straten explained in a new post on X, the BTC short-term holders have potentially participated in a very sizeable…
On-chain data shows Bitcoin whales have sold $2.2 billion worth of BTC in the past week, but price has continued to hold strong so far. Bitcoin Whales Have Distributed Around 50,000 BTC In Past Week As pointed out by an analyst in a post on X, the BTC whales have been participating in some selling…
On-chain data shows the Bitcoin sharks and whales have participated in a selloff of around $2.2 billion during the past week. Bitcoin Wallets With 100 To 10,000 BTC Have Been Selling Recently As pointed out by analyst Ali in a post on X, the large BTC investors might have been harvesting their profits recently. The…
A Bitcoin on-chain indicator is currently forming a pattern that has previously led to significant selloffs of the cryptocurrency. Bitcoin 100-Day SMA Supply Adjusted Dormancy Has Rapidly Gone Up As pointed out by an analyst in a CryptoQuant post, the selloff could potentially be even stronger than the one seen in November 2018. A relevant…
On-chain data shows Bitcoin whales with more than 1k BTC were the main sellers in the latest crash, as other cohorts displayed muted activity. Bitcoin Spent Output Value Bands Shows Spike From 1k-10k Group As pointed out by an analyst in a CryptoQuant post, unlike in the previous declines, the 10-100 BTC and 100-1k BTC…
On-chain data shows the Bitcoin coinbase premium gap has improved recently and is now approaching a neutral value, suggesting the selling pressure may be drying up. Bitcoin Coinbase Premium Gap Close To Zero, But Still Negative As pointed out by an analyst in a CryptoQuant post, the selling pressure from US investors seems to have…
On-chain data shows Bitcoin short-term holders seem to have been behind the latest selloff that has taken the price of the crypto below $36k. Bitcoin Investors Holding Coins Aged Between 1 Day And 6 Months Sold Big Yesterday As pointed out by an analyst in a CryptoQuant post, short-term holders seem to have sold the…
On-chain shows Bitcoin miner outflows have been elevated recently, suggesting miners were involved in the recent selloff that took the price of the crypto below $42k. Bitcoin Miner Outflows Spiked Up Before The Crash Below $42k As pointed out by an analyst in a CryptoQuant post, BTC miners seem to have been one of the…
Data shows the current stretch of Bitcoin fear has surpassed that during the 2021 selloff as market continues to be extremely fearful. Bitcoin Fear And Greed Index Shows Market Sentiment Is Again Extremely Fearful This Week As per the latest weekly report from Arcane Research, sentiment among BTC investors has once again been that of…