Crypto News

@crypto.at.thenote.app

2 days ago

Retail investors drive widespread bitcoin selling as prices fall Glassnode data shows distribution across cohorts as BTC falls below $67,000, with whales remaining largely neutral.

Retail investors drive widespread bitcoin selling as prices fall

Glassnode data shows distribution across cohorts as BTC falls below $67,000, with whales remaining largely neutral.
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

3 days ago

Bitcoin Recovery Lacks One Key Ingredient, Glassnode Warns Bitcoin has recovered toward $70,000 after a price drop, but Glassnode analysts believe the rebound lacks strong demand for sustainable growth. The firm's report, "Awaiting Liquidity," indicates easing sell pressure, fewer ETF outflows, and balanced dealer market activity. Despite these improvements, spot market volumes remain low, and overhead supply poses resistance, indicating a lack of high-conviction breakout. A new accumulation cluster is forming around $70,200, but the support floor is considered vulnerable due to a modest buyer base. Significant resistance levels are present at $82,200, $93,000, and $97,000, with a heavy concentration of supply above $84,000. While unrealized losses have stabilized, realized profitability has declined significantly, showing reduced capital influx. Spot market activity is muted, with the rebound driven by dip-buying rather than broad demand, which is the missing ingredient. ETF inflows have improved, but remain limited compared to previous accumulation phases. Derivatives markets show cautious sentiment with negative funding rates and subdued open interest. Options markets reveal continued demand for downside protection. A major factor is the options expiry, with dealers heavily positioned in short gamma between $70,000 and $75,000, potentially impacting price sensitivity.

Bitcoin Recovery Lacks One Key Ingredient, Glassnode Warns

Bitcoin has recovered toward $70,000 after a price drop, but Glassnode analysts believe the rebound lacks strong demand for sustainable growth. The firm's report, "Awaiting Liquidity," indicates easing sell press…
#btc #cryptoetf #glassnode

Crypto Economy

@cryptoeconomy.bsky.social

3 days ago

Glassnode: Bitcoin Stabilizes, Yet Demand Falls Short of True Rebound - Crypto Economy According to Glassnode, Bitcoin is stabilizing near $70,000, but a lack of institutional demand and low volume are limiting a lasting market rally.

📊 Glassnode warns weak demand limits Bitcoin rebound

Glassnode notes Bitcoin stabilizes near $70,000 after a drop, but low spot volume and limited liquidity prevent confirming a strong recovery.

#Crypto #Bitcoin #Markets #Trading #Glassnode

ForkLog UA

@forklog.com.ua

4 days ago

Біткоїн утримав $70 000 на тлі відновлення притоків в спотові ETF - ForkLog UA Перша криптовалюта утрималася на позначці $70 000. Ринок підтримали поновлені притоки коштів в американські спотові біткоїн-ETF, йдеться у звіті Glassnode.

Перша криптовалюта утрималася на позначці $70 000. Ринок підтримали поновлені притоки коштів в американські спотові біткоїн-ETF, йдеться у звіті Glassnode.

#CryptoQuant #ETF #Glassnode #АналізРинку #біткоїн

ForkLog UA

@forklog.com.ua

5 days ago

Аналітики зафіксували масштабний відтік біткоїна з криптобірж - ForkLog UA Чистий відтік біткоїна з торгових майданчиків у минулому місяці вказав на перехід інвесторів до фази акумуляції. До такого висновку дійшов аналітик під псевдонімом Darkfost.

Чистий відтік біткоїна з торгових майданчиків у минулому місяці вказав на перехід інвесторів до фази акумуляції. До такого висновку дійшов аналітик під псевдонімом Darkfost.

#CryptoQuant #Glassnode #АналізРинку #біткоїн #Політика

Crypto News

@crypto.at.thenote.app

1 week ago

Bitcoin Market Not Ready For Expansion Yet — Blockchain Firm Recent on-chain data suggests a potential near-term slowdown in Bitcoin's price expansion, contrary to initial bullish signals. Glassnode's analysis, based on the Net Realized Profit/Loss metric, reveals a consistent pattern of profit-taking hindering upward price movements. A peak of $17 million/hr in realized profits preceded Bitcoin's recent price decline, indicating investors actively cashing out. Geopolitical uncertainty further compresses "demand depth," making the market unable to absorb profit realizations, as seen with the fall below $70,000. The current recovery seems driven by seller exhaustion rather than solid demand, implying a limited lifespan for rebounds. Short-term Bitcoin holders are increasingly realizing losses, sending over 28,000 BTC to exchanges to cut their losses. This selling pressure from short-term holders is expected to intensify, contributing to further bearish momentum. The repeated profit-taking events during Bitcoin's rally attempts highlight a recurring bearish influence. This pattern shows the market's inability to sustain bullish momentum amidst profit-taking. Despite some positive developments, Bitcoin's price presents investors with warning signs of potential downturns. Bitcoin hovers around $70,532 at the time of writing, showing no substantial change in value. The market's behavior indicates that a sustained price surge might not be imminent, according to these observations.

Bitcoin Market Not Ready For Expansion Yet — Blockchain Firm

Recent on-chain data suggests a potential near-term slowdown in Bitcoin's price expansion, contrary to initial bullish signals. Glassnode's analysis, based on the Net Realized Profit/Loss metric, reveals a con…
#blockchain #btc #glassnode

Crypto News

@crypto.at.thenote.app

1 week ago

Bitcoin Market Caution Rises After Failed Breakout: Glassnode Data The Bitcoin market exhibits considerable uncertainty, with bearish sentiment prevailing. Bitcoin's recent failed attempt to break $75,000 has led to increased downside protection strategies by traders. Glassnode data highlights a surge in Bitcoin options open interest, reaching an all-time high. This increase could reflect hedging flows rather than purely bullish sentiment, requiring further analysis post-expiry. Implied volatility has decreased across short and long-term options, suggesting expectations of less dramatic price fluctuations. The Bitcoin Options Skew indicates heightened demand for put options as traders hedge against potential price drops. The 25 Delta Skew reflects rising market caution, with options traders paying premiums for downside protection. The 24-hour taker flow chart confirms defensive positioning, with put buying dominating call buying. Put/Call Ratio indicated rejection at $75,000, signaling doubts about the breakout. Bitcoin currently trades around $70,668 with decreased daily trading volume.

Bitcoin Market Caution Rises After Failed Breakout: Glassnode Data

The Bitcoin market exhibits considerable uncertainty, with bearish sentiment prevailing. Bitcoin's recent failed attempt to break $75,000 has led to increased downside protection strategies by traders. Glass…
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

1 week ago

Bitcoin Holds At $69,000— Glassnode Data Shows What To Expect Through Late March Bitcoin has returned to its familiar trading range between $65,000 and $74,000 after failing to break through the $76,000 resistance. Analysts anticipate an accumulation phase through the end of March, with current indicators suggesting lower near-term volatility. Derivatives markets show record options open interest, though this may reflect hedging rather than a strong directional view, with clarity expected after the March 27 expiry. Implied volatility has decreased, indicating traders anticipate less dramatic price swings. However, skew measures have widened to the downside, reflecting increased demand for protection against potential reversals. This caution is evident in flow dynamics, with put buying dominating recent activity. Gamma positioning has been adjusted, reducing the need for dealers to dynamically hedge, which can dampen directional flows. The volatility risk premium has reset, suggesting option prices are more fairly valued and the market is settling into consolidation. Longer-term technical analysis points to a multi-year trendline between $60,000 and $56,000, which has historically supported significant rallies. If this support holds, it could serve as a launchpad for the next bull phase.

Bitcoin Holds At $69,000— Glassnode Data Shows What To Expect Through Late March

Bitcoin has returned to its familiar trading range between $65,000 and $74,000 after failing to break through the $76,000 resistance. Analysts anticipate an accumulation phase through the end o…
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

1 week ago

Bitcoin Bearish Positioning Persists As Funding Rates Hold Negative The Bitcoin perpetual futures market is currently experiencing a negative Funding Rate, indicating a dominant bearish sentiment among traders. This Funding Rate is a periodic fee exchanged between long and short holders on derivatives exchanges. A positive rate signifies long holders paying shorts, implying bullish sentiment, while a negative rate, as seen now, means short holders are paying longs, suggesting bearish sentiment. Glassnode analyst Chris Beamish highlighted this trend, noting the 3-day moving average of the Funding Rate recently flipped negative. This shift indicates that despite Bitcoin's recent price stability and recovery, market expectations have become short-dominated. Previously, the Funding Rate was positive even during a bearish price shift, as traders anticipated a market reversal. However, even with Bitcoin's rally above $75,000, short positions continue to dominate. Historically, the stronger side of the market is more susceptible to mass liquidations. While long investors faced squeezes during downtrends, the current dominance of short positions suggests they could be at risk if the market turns bullish. In related news, Glassnode's weekly report reveals a significant supply gap in Bitcoin's UTXO Realized Price Distribution between $72,000 and $82,000. The URPD measures the total supply last moved at various price levels. This 'chasm' suggests minimal on-chain resistance until $82,000, as few investors have a cost basis in this range. Despite this apparent lack of resistance, Bitcoin's recent attempt to break through this range was unsuccessful. Supply walls above the spot price typically act as resistance levels, where investors might sell to break even. Bitcoin has since retraced, dropping back to the $70,400 level following its latest price movement.

Bitcoin Bearish Positioning Persists As Funding Rates Hold Negative

The Bitcoin perpetual futures market is currently experiencing a negative Funding Rate, indicating a dominant bearish sentiment among traders. This Funding Rate is a periodic fee exchanged between long and …
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

1 week ago

Ethereum Hits Rare MVRV Zone Linked To Past 130%+ Rallies Ethereum has fallen into a valuation range that some on-chain analysts believe is associated with major long-term bottoms, with its price dropping below its realized price for the first time in two years. According to crypto analyst Ali Martinez, the current setup resembles prior cycle lows, with the MVRV Ratio measuring the gap between market price and average investor cost basis dropping into the 0.8-1.0 range. This range is considered a "generational Buy Zone" where the market is no longer pricing Ethereum at a rich premium, but rather testing a zone where prior cycles have exhausted sellers and attracted longer-duration buyers. Historically, this "fair value" reset has been the precursor to massive structural bull rallies, with previous rebounds from this region resulting in substantial gains. Martinez paired his argument with a chart showing previous rebounds from the same region, with historical moves cited from this "Buy Zone" including gains of roughly 150%, 5,390%, 130%, 280%, and 250%. The implication is that on-chain data suggests Ethereum is approaching a long-term bottom, and for those with a 12-24 month horizon, the accumulation window is officially open. Glassnode also posted a similar signal, noting that Ethereum has dropped below its realized price for the first time in two years, signaling that the average investor is now holding an unrealized loss. The firm's data showed a realized price of $2,058.04 and an MVRV of 0.93, indicating that the typical holder is down about 7% on paper. This does not guarantee a bottom, but it does indicate a phase where speculative excess has already been largely unwound, and conviction is weak, sentiment is damaged, and marginal sellers have already absorbed a large part of the decline. The current price action remains volatile in the short term, but analysts often treat this zone as strategically important, with Ethereum rebounding above its realized price again and trading at $2,139 at press time.

Ethereum Hits Rare MVRV Zone Linked To Past 130%+ Rallies

Ethereum has fallen into a valuation range that some on-chain analysts believe is associated with major long-term bottoms, with its price dropping below its realized price for the first time in two years. According t…
#crypto #eth #glassnode

Crypto News

@crypto.at.thenote.app

1 week ago

Bitcoin bull market vibes emerge, but confirmation is missing: Glassnode Bitcoin markets have started to turn bullish again, but data shows that a key “bull market threshold” has not been established yet.

Bitcoin bull market vibes emerge, but confirmation is missing: Glassnode

Bitcoin markets have started to turn bullish again, but data shows that a key “bull market threshold” has not been established yet.
#btc #crypto #glassnode

ForkLog UA

@forklog.com.ua

1 week ago

Обсяги торгів альткоїнами обвалилися на 80% - ForkLog UA Щоденні обсяги торгів альткоїнами на Binance обвалилися на 80% від піків — до $7,7 млрд. Це сигналізує про ослаблення інтересу інвесторів, зазначив аналітик Darkfost.

Щоденні обсяги торгів альткоїнами на Binance обвалилися на 80% від піків — до $7,7 млрд. Це сигналізує про ослаблення інтересу інвесторів, зазначив аналітик Darkfost.

#CryptoQuant #Glassnode #альткоїни #біткоїн #думка

Crypto News

@crypto.at.thenote.app

1 week ago

Bitcoin STH Profit-Taking Ramps Up As Price Breaks $74,000 The article discusses Bitcoin's short-term holders (STHs) and their profit-taking behavior during the recent price rally. Glassnode's analysis reveals a spike in Realized Profit for STHs, indicating they are selling their Bitcoin holdings. Realized Profit measures the total profit harvested by investors based on transaction history. STHs, those who bought Bitcoin within the last 155 days, are often reactive to market volatility. The Bitcoin price surge past $74,000 triggered this profit realization among STHs. The 12-hour moving average of STH Realized Profit reached $18.4 million per hour, coinciding with the rally. Glassnode notes a similar pattern to February, where STHs capped rallies around the $70k level. The current situation will determine if Bitcoin can withstand the profit-taking pressure and continue its upward trajectory. The crypto Fear & Greed Index has re-entered fear territory despite the rally. This suggests some renewed optimism but still indicates a bearish market mood. Bitcoin's price has corrected slightly after briefly exceeding $75,000.

Bitcoin STH Profit-Taking Ramps Up As Price Breaks $74,000

The article discusses Bitcoin's short-term holders (STHs) and their profit-taking behavior during the recent price rally. Glassnode's analysis reveals a spike in Realized Profit for STHs, indicating they are selling…
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

1 week ago

Bitcoin Just Flashed The Most Powerful Fractal In The Market, Here’s What To Expect Crypto analyst Merlijn identifies a powerful fractal pattern in Bitcoin's current market behavior, mirroring a pattern seen in gold's 1974 rise. This pattern suggests a potential parabolic move for Bitcoin, similar to gold's historical performance. Merlijn highlights $62,000 as a crucial support level; holding this level unlocks a $226,000 Fibonacci target. Conversely, losing $62,000 could trigger a further price dip before a rally. The analyst also points to expanding global liquidity and Bitcoin's entry into a green accumulation zone as bullish indicators. Holding above $74,000 confirms the liquidity cycle, while a drop below $65,000 suggests further compression. Bitcoin's recent rally to $75,000 demonstrates ongoing bullish momentum, despite geopolitical tensions. Peter Brandt suggests a possible short-term rally above $80,000. On-chain analytics platform Glassnode observes market stabilization and gradual recovery signs. Positive spot CVD and rising but cautious derivatives market engagement further support the positive outlook. Bitcoin ETFs are seeing renewed interest, with on-chain activity remaining relatively muted, while fee volume indicates steady network usage.

Bitcoin Just Flashed The Most Powerful Fractal In The Market, Here’s What To Expect

Crypto analyst Merlijn identifies a powerful fractal pattern in Bitcoin's current market behavior, mirroring a pattern seen in gold's 1974 rise. This pattern suggests a potential paraboli…
#btc #cryptoetf #glassnode

ForkLog UA

@forklog.com.ua

2 weeks ago

Біткоїн тестував опір на рівні $74 000 - ForkLog UA 16 березня ціна біткоїна прорвала опір і торкнулася $74 450. Ринок підтримав притік капіталу в спотові ETF.

16 березня ціна біткоїна прорвала опір і торкнулася $74 450. Ринок підтримав притік капіталу в спотові ETF.

#CryptoQuant #Glassnode #біткоїн #ОнчейнАналіз #ЦінаБіткоїна

Crypto News

@crypto.at.thenote.app

2 weeks ago

Bitcoin MVRV Bands Reveal Crucial Price At $73,726 Level – Details Bitcoin has traded steadily between $70,000 and $72,000 recently, showing little significant price movement. This period of calm follows its recent surge above the $70,000 resistance level. On-chain data suggests key levels for investors to watch for Bitcoin's next major price movement. Analyst Ali Martinez identifies a significant barrier at $73,726 based on Glassnode's MVRV Pricing Bands. These bands help determine if Bitcoin is undervalued, fairly valued, or overvalued. Currently, Bitcoin is trading below the -0.5 band, a support level for bull markets. If Bitcoin breaks decisively above $73,726, it could surge towards $95,894, considered its fair market value. Sustained demand might push Bitcoin to $118,062, a zone of bullish expansion. However, prices above $140,229 represent extreme overvaluation and risk a pullback. Conversely, rejection at $73,726 could lead to a drop to the realized price of $54,703. At press time, Bitcoin trades around $71,626 with decreased daily trading volume. Weekly and monthly gains, along with revived ETF markets, suggest potential for recovery, though it is still early to confirm.

Bitcoin MVRV Bands Reveal Crucial Price At $73,726 Level – Details

Bitcoin has traded steadily between $70,000 and $72,000 recently, showing little significant price movement. This period of calm follows its recent surge above the $70,000 resistance level. On-chain data …
#btc #cryptoetf #glassnode

Crypto News

@crypto.at.thenote.app

2 weeks ago

Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows Glassnode's on-chain analytics reveal a thin accumulation band for Bitcoin during its recent consolidation. The Bitcoin Short-Term Holder (STH) Cost Basis Distribution (CBD) tracks supply purchased within 155 days at various price levels. In November, a large supply cluster formed at price lows, indicating significant accumulation after a market crash. This dense zone initially acted as support, but Bitcoin's price eventually fell below it, placing these tokens underwater. The November-January consolidation also saw less intense accumulation at higher price levels, signaling active trading. However, the current sideways movement shows neither strong dip buying nor a significant supply cluster buildup. While some buying is occurring in the $62k-$72k range, its intensity is modest compared to previous periods that led to sustained growth. This indicates a relatively weak foundation for a mid-term breakout, as noted by Glassnode. The development of this supply range in the near future remains a key point to observe.

Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows

Glassnode's on-chain analytics reveal a thin accumulation band for Bitcoin during its recent consolidation. The Bitcoin Short-Term Holder (STH) Cost Basis Distribution (CBD) tracks supply purchas…
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

2 weeks ago

Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode Glassnode, an on-chain analytics firm, analyzes Bitcoin's short-term holder (STH) profitability. The "Supply in Profit" metric, measuring profitable BTC held by STHs, is key. STHs, those holding for under 155 days, are often considered less committed investors. Currently, STH supply in profit is below 50%, indicating many are underwater. Historically, this suppressed demand and limited market growth. Glassnode suggests that a flip back above 50% is a precondition for a sustained price recovery. This occurred before, triggering a significant Bitcoin rally. The firm views this level as crucial for any future recovery. Bitcoin's current price is attempting to break the $72,000 level. The analysis connects STH profitability to broader market trends. The article hints towards a potential future price surge.

Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode

Glassnode, an on-chain analytics firm, analyzes Bitcoin's short-term holder (STH) profitability. The "Supply in Profit" metric, measuring profitable BTC held by STHs, is key. STHs, those holding for under 155 …
#btc #crypto #glassnode

ForkLog UA

@forklog.com.ua

2 weeks ago

Ончейн-дані не підтвердили готовність біткоїна до зростання - ForkLog UA Біткоїн пройшов «стрес‑тест» геополітичною напругою на Близькому Сході. Втім, ончейн‑метрики свідчать про недолік сил у биків для середньострокового прориву, зазначили в Glassnode.

Біткоїн пройшов «стрес‑тест» геополітичною напругою на Близькому Сході. Втім, ончейн‑метрики свідчать про недолік сил у биків для середньострокового прориву, зазначили в Glassnode.

#CryptoQuant #Glassnode #біткоїн #ОнчейнАналіз

Crypto News

@crypto.at.thenote.app

2 weeks ago

Bitcoin selling intensifies across all wallet sizes despite price holding near $70,000 Glassnode’s Accumulation Trend Score drops to 0.04 as smaller wallet cohorts offload BTC while macro headwinds intensify.

Bitcoin selling intensifies across all wallet sizes despite price holding near $70,000

Glassnode’s Accumulation Trend Score drops to 0.04 as smaller wallet cohorts offload BTC while macro headwinds intensify.
#btc #crypto #glassnode

ForkLog UA

@forklog.com.ua

2 weeks ago

Опціонні трейдери роблять ставку на зростання біткоїна до $80 000 - ForkLog UA Котирування біткоїна стабілізувалися біля позначки $70 000 після нещодавнього сплеску волатильності. Попри макроекономічний тиск, учасники ринку опціонів налаштовані на продовження ралі з прицілом на ...

Котирування біткоїна стабілізувалися біля позначки $70 000 після нещодавнього сплеску волатильності. Попри макроекономічний тиск, учасники ринку опціонів налаштовані на продовження ралі з прицілом на $80 000 на початок літа.

#Deribit #ETF #Glassnode #QCPCapital #АналізРинку #біткоїн

Crypto News

@crypto.at.thenote.app

2 weeks ago

Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak Bitcoin is showing signs of stabilization after a recent price drop, but a decisive bullish trend isn't yet confirmed. Glassnode's analysis indicates marginal improvements in the market, despite subdued spot activity and capital flows. ETF activity remains a strong point with increasing inflows and trading volumes. However, overall conditions are stabilizing, yet capital flows remain soft, highlighting market fragility. Spot markets show mixed signals, with improved momentum but heavier sell-side pressure and lower volume. Derivatives markets reveal complex dynamics, with increasing leverage but divided directional alignment among traders. Options markets appear less defensive, suggesting moderating fear and easing demand for downside protection. US spot ETFs are a clear area of strength, but even there, ETF holder profitability is diminishing. On-chain data indicates a quieter network with rising transfer volume and easing outflows. Profitability metrics are improving, but the market is still dominated by older capital. Glassnode's overall assessment is that Bitcoin's market structure is steadier, but a convincing rebound requires stronger spot demand. Finally, the analysis was conducted amidst a trading price of roughly $70,755 for one Bitcoin.

Bitcoin Stabilizes, But Glassnode Warns Spot Demand Is Still Weak

Bitcoin is showing signs of stabilization after a recent price drop, but a decisive bullish trend isn't yet confirmed. Glassnode's analysis indicates marginal improvements in the market, despite subdued sp…
#btc #cryptoetf #glassnode

Crypto News

@crypto.at.thenote.app

2 weeks ago

Traders snapped up nearly 600,000 BTC as bitcoin dipped below $70,000, blockchain data show Glassnode data shows strong demand during bitcoin’s recent correction, with 200,00 BTC purchased over the past two weeks.

Traders snapped up nearly 600,000 BTC as bitcoin dipped below $70,000, blockchain data show

Glassnode data shows strong demand during bitcoin’s recent correction, with 200,00 BTC purchased over the past two weeks.
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

2 weeks ago

XRP Investors In Pain: $50 Billion Worth Of Supply Now In Loss On-chain data reveals XRP's supply underwater has reached historical highs after a market downturn. Approximately 36.8 billion XRP tokens are currently held at a loss. Glassnode, an on-chain analytics firm, reported this trend in the XRP Total Supply in Loss. This metric identifies tokens whose last movement price was higher than the current spot price. Conversely, the Total Supply in Profit tracks tokens with a cost basis lower than the current price. The XRP Total Supply in Loss saw a significant rise in the last quarter of 2025, aligning with a broader bearish shift in the crypto sector. The current value of 36.8 billion XRP is notably high, only surpassed once in the current cycle. In USD terms, the XRP Total Supply in Loss recently hit an unprecedented peak, indicating increased capital investment over time. Approximately $50 billion worth of XRP supply is currently in a state of loss. High investor pain often precedes market bottoms, suggesting a potential bottom for XRP could be near. Currently, XRP is trading around $1.35.

XRP Investors In Pain: $50 Billion Worth Of Supply Now In Loss

On-chain data reveals XRP's supply underwater has reached historical highs after a market downturn. Approximately 36.8 billion XRP tokens are currently held at a loss. Glassnode, an on-chain analytics firm, repo…
#crypto #glassnode #xrp

Crypto Economy

@cryptoeconomy.bsky.social

2 weeks ago

Glassnode Data Reveals Majority of XRP Investors Deep in Red - Crypto Economy Glassnode data shows about 60% of XRP’s circulating supply is underwater, with 36.8 billion tokens in loss and roughly $50.8 billion unrealized.

📉 XRP investors fall into losses

Glassnode reports that most XRP holders are currently underwater following recent market movements.

#XRP #Crypto #Markets #OnChain #Glassnode

Crypto News

@crypto.at.thenote.app

3 weeks ago

Bitcoin slips below $68,000 heading into the weekend as dollar posts steepest weekly gain in a year Most majors gave back Friday's gains, with solana down 4%, ether falling 4.4%, and 43% of bitcoin's supply now sitting at a loss according to Glassnode data.

Bitcoin slips below $68,000 heading into the weekend as dollar posts steepest weekly gain in a year

Most majors gave back Friday's gains, with solana down 4%, ether falling 4.4%, and 43% of bitcoin's supply now sitting at a loss according to Glassnode data.
#btc #glassnode #solana

Crypto News

@crypto.at.thenote.app

3 weeks ago

Bitcoin Spot ETFs See 14-Day Netflows Surge: Demand Returning? Bitcoin spot exchange-traded funds (ETFs) have recently experienced a positive shift in their 14-day netflow trend, ending a period of sustained outflows. Glassnode, an on-chain analytics firm, highlighted this development, noting a sharp rise into positive territory for these US-based funds. Spot ETFs, approved by the SEC in January 2024, offer investors indirect exposure to Bitcoin, proving popular among traditional investors. The convenience of these vehicles allows funds to buy and custody on-chain tokens on behalf of investors. Earlier, the netflow trend was consistently negative, indicating prevailing selling pressure from ETF users. However, with the recent surge, the trend has flipped, coinciding with Bitcoin’s rally above $70,000. Glassnode suggests these are early signs of re-accumulation, though institutional demand remains tentative. Alongside this, the Binance Bitcoin Net Taker Volume has also seen a significant positive spike. This indicator tracks the difference between taker buy and taker sell volumes on the exchange. The 7-hour moving average of this volume reached close to $100 million, signaling strong taker buy volume. Bitcoin is currently trading around $71,000, reflecting a more than 5% increase over the last seven days.

Bitcoin Spot ETFs See 14-Day Netflows Surge: Demand Returning?

Bitcoin spot exchange-traded funds (ETFs) have recently experienced a positive shift in their 14-day netflow trend, ending a period of sustained outflows. Glassnode, an on-chain analytics firm, highlighted th…
#btc #cryptoetf #glassnode

Crypto News

@crypto.at.thenote.app

3 weeks ago

Bitcoin Historically Bottoms Between These MVRV Levels—Where Are They Now? An analyst highlights Bitcoin's historical bottoming pattern using the MVRV Pricing Bands. This on-chain model is based on the MVRV Ratio, comparing Bitcoin's market cap to its realized cap. The MVRV Ratio indicates the overall profit or loss status of Bitcoin holders. A ratio above 1.0 signifies net unrealized profit, while below 1.0 indicates net losses. High ratios generally precede market tops due to increased profit-taking. Conversely, low ratios often signal market bottoms as selling exhaustion occurs. Glassnode developed MVRV Pricing Bands to identify key Bitcoin price levels corresponding to specific MVRV Ratios. Bitcoin has recently traded below the 2.4 and 3.2 bands, signifying significant profit realization risk. Despite recent bearish momentum, Bitcoin's price has remained above the 1.0 MVRV level, indicating overall investor profit. Historically, Bitcoin has consistently bottomed out between the 1.0 and 0.8 MVRV Pricing Bands. These levels are currently around $54,000 and $43,000, respectively. Whether Bitcoin will retest this historical bottoming zone or find a low earlier remains to be seen. Bitcoin has already broken one previous pattern by not breaching the 3.2 MVRV level this cycle.

Bitcoin Historically Bottoms Between These MVRV Levels—Where Are They Now?

An analyst highlights Bitcoin's historical bottoming pattern using the MVRV Pricing Bands. This on-chain model is based on the MVRV Ratio, comparing Bitcoin's market cap to its realized cap. The MVRV…
#btc #crypto #glassnode

Crypto News

@crypto.at.thenote.app

3 weeks ago

Bitcoin tops $72,000 as ETFs pull $155 million, extending two week inflow streak U.S. spot bitcoin ETFs added another $155 Million on Wednesday, continuing a two week run of institutional inflows even as Glassnode warns underlying demand remains fragile.

Bitcoin tops $72,000 as ETFs pull $155 million, extending two week inflow streak

U.S. spot bitcoin ETFs added another $155 Million on Wednesday, continuing a two week run of institutional inflows even as Glassnode warns underlying demand remains fragile.
#btc #cryptoetf #glassnode

ForkLog UA

@forklog.com.ua

3 weeks ago

Аналітики назвали прорив $74 000 головною умовою нового ралі біткоїна - ForkLog UA Ціна біткоїна зросла на 7% за тиждень на тлі притоку коштів у ETF. Подальший напрямок ринку залежить від прориву історичного діапазону $73 750–74 400, вважає аналітик CoinDesk Омкар Годбоул.

Ціна біткоїна зросла на 7% за тиждень на тлі притоку коштів у ETF. Подальший напрямок ринку залежить від прориву історичного діапазону $73 750–74 400, вважає аналітик CoinDesk Омкар Годбоул.

#Glassnode #АналізРинку #біткоїн #думка #ЧаматПаліхапітія