2022-7-26 08:55 |
The latest analysis by Glassnode suggests that the worst of the sell-offs could be concluded, but the market still needs time to recover. origin »
Bitcoin price in Telegram @btc_price_every_hour
|
Ethereum [ETH] balances on exchanges reached a four-year low in what could have been termed a surprise. According to data from the leading analytics platform, Glassnode, the total number of ETH held oThe post Ethereum: Are investors preparing for ETH 2.
2022-7-24 00:30 | |
|
|
Bitcoin is trading around $38,385 on Monday, 2 May, still struggling against the bearish… The post 1.9M BTC could fall into unrealized loss if Bitcoin dips to $33K: Glassnode appeared first on Coin Journal.
2022-5-3 21:53 | |
|
|
Glassnode data shows the RHODL Ratio’s current trend suggests that the Bitcoin market could be near capitulation. Data Shows Bitcoin RHODL Ratio Has Observed Decline Recently As per the latest weekly report from Glassnode, the supply of coins older than one year has significantly risen recently.
2022-3-30 22:00 | |
|
|
The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data. The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity.
2020-7-8 02:20 | |
|
|
Ethereum could be on the brink of a major crash. New data suggests that Ethereum investors might trigger what would be its worst sell-off. Glassnode has shared data that about 80% of Ethereum supply is in profit.
2020-6-12 16:01 | |
|
|
According to data from the on-chain market analysis group Glassnode, the current Stablecoin Supply Ratio has reached an all-time low. Conversely, the USDT balances on exchanges are at an all-time high, which could create a perfect storm for a barrage of Bitcoin buying.
2020-4-4 17:11 | |
|
|
The Bitcoin market remains in a bear phase that has now lasted six months. During this time, the premier cryptocurrency has established a local low of $60,000, while the cycle peak and current all-time high remain at $126,000.
Short-term holders are again realizing losses, and that pressure shows up in the data. STH SOPR dipped to about 0. 94 while Bitcoin traded roughly at $85,550 to $85,680. That number means many recent buyers sold for less than what they paid.
Investors’ and traders’ hope about an impending massive price rally for Bitcoin is alive again as the digital asset experiences renewed strength toward crucial resistance levels such as the coveted $100,000 mark.
Bitcoin seems to have established solid support at the $37k level, demonstrated by its swift recovery following a dip to $35,000 upon news about Binance’s SEC fine. While this rebound represents a 122% increase since the beginning of the year, there has been relatively minimal distribution of BTC during this period.
The crypto market witnessed a tumultuous sell-off, pushing Bitcoin’s price to $25,000. While the price has slightly recovered in the past week, stabilizing around $25,900 over the weekend, it remains in a precarious position.
The recent drop in Bitcoin’s price to $29,200 has sparked significant liquidations, with the market witnessing nearly $50 million in realized losses, most coming from short-term holders. The behavior of long-term holders (LTH) and short-term holders (STH) is crucial to understanding market dynamics.
In the midst of Bitcoin's recent surge past $30,000, CryptoSlate's detailed analysis of short-term holders (STHs) and their realized profit/loss (RPL) ratio reveals crucial insights into market trends.