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Understanding the composition of Bitcoin's supply is paramount.
"It suggests that more participants are embracing a long-term perspective, one that values Bitcoin not just as a speculative asset but as a resilient store of value and a strategic piece in their investment portfolio."
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by onchained | @cryptoquant_official
Short-Term Bitcoin Holder Profitability and STH-SOPR Dynamics: Insights from Recent Price Corrections
"A declining STH-SOPR during a price correction suggests that many short-term holders may panic-sell their Bitcoins, contributing to the overall drop in prices."
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by onchained | @cryptoquant_official
Fund volume reaches the highest of this year.
"The FOMO situation will continue when everything is clear, so an accumulation plan during the dull period is extremely important"
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by BinhDang | @cryptoquant_official
Supply in Profit (%) one of the best on-chain indicators for long term investors
"It never failed to flag best times to Buy BTC in the past..."
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by gigisulivan | @cryptoquant_official
Fund Flow Ratio and Whale Ratio
"This is a recommended indicator because it shows where to monitor (exchanges or OTC), as the characteristics change significantly from year to year."
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by Crypto_Lion | @cryptoquant_official
#BTC Can this number possibly show a peak sign of disbelief?
"The latest week's Net Taker volume was more remarkable than all the bloodiest stages, including Exchange or Bank run events that appeared during 2022."
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by BinhDang | @cryptoquant_official
Bitcoin market price($26.4K) dropped by -6.7% in the past 24 hours
Some indicators that were signaling a price decline was in the cards.
- Bitcoin Open interest was showing the build up of short positions since at least mid July (open interest growing while price declined).
- The sell off was preceded by a period of low bitcoin demand in the US (negative Coinbase premium).
- From the On-chain perspective, we can see an increase in whale spending activity before and during the sell-off.
Sentiment remains negative as we can see in negative funding rates that traders are willing to go short currently.
Live Dashboard | @cryptoquant_official
Ethereum's Realized vs. Market Price: A Tale of Resilience and Opportunity
"Whenever the market price drops below the realized price, it swiftly bounces back, suggesting the market sees Ethereum as undervalued during those moments."
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by Woominkyu | @cryptoquant_official
What Are The Miners doing + BTC On-Chain Overview
"You’d be surprised to see they are generally pretty good swing traders."
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by Professor Satoshi | @cryptoquant_official
Weekly Fud Buster Dashboard Updates
On-Chain validation on Tether and Whales Reshuffling
1. Tether
- Tether revealed that it holds approximately $1.6 billion worth of Bitcoin, making it 11th in terms of holdings.
- The "so-called Tether Bitcoin holding wallet on Twitter" doesn't match Tether's quarterly reports. While there were no bitcoin holdings in last year's Q4 report, the same wallet has been accumulating bitcoin.
2. Whales
- There's a tendency to perceive a group of entities holding 1K+ Bitcoins as whales.
- There's a blind spot, and you can miss individual characteristics. For example, there's a possibility of missing the labels of exchanges' wallets when they are just internal wallets.
- From May to July, 1K to 10K and 10K to Bitcoin moved hugely. There was also a significant spike in exchange withdrawals. However, it appears to be the movement of wallets within the Robinhood. The Bc1 wallet received 118,300 BTC coins over about three months.
Live Dashboard | @cryptoquant_official
The decisive period is probably very close, based on the following on-chain data sets; we will have a basis to evaluate the current situation
"FUDs emerge during slow periods and affect sentiment; continuous data monitoring is vital."
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by BinhDang | @cryptoquant_official
The Impact of Taker Buy Sell Ratio and Coinbase Premium Index on the Price of Ethereum
"The fluctuations of the Coinbase Premium Index are strongly related to the price movement of Ethereum, suggesting that price changes are associated with trading activities on Coinbase."
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by joaowedson | @cryptoquant_official
$CRV Dashboard Updates
Key updates on $CRV after the hack
1. Basic Information
- Curve Finance, a stablecoin exchange on Ethereum, was exploited due to a bug in the Vyper programming.
2. Hacker's Behavior
- The exploit targeted three liquidity pools for tokens paired with Ethereum (ETH) and Curve governance token $CRV, and several ERC-20 tokens issued on Alchemix ($alETH), Metronome Synth ($smETH), JPEG'd ($pETH).
- The exploit drained up to $100M worth of cryptocurrency from the platform, including $20M of CRV and a version of ether.
3. On-Chan Activities
- The exploit has destabilized the trading markets for Curve's native CRV token, down 17% on the day, and millions of the tokens have flowed to centralized exchanges.
More information is available on the following balances.
$ETH-$stETH | $CRV-$ETH | $pETH-$ETH-f | $cvxCRV-$CRV | $cvxFXS-$FXS | $msETH-$frxETH | $alETH-$frxETH | $FRAX-$USDC
Dashboard | @cryptoquant_official
Bitcoin: On the edge of a cliff or the verge of takeoff?
"If this trend continues, it could lead to significant changes in the Bitcoin market and, in a broader sense, in the entire cryptocurrency market."
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by AxelAdlerJr | @cryptoquant_official
Stablecoin supply ratio in correlation with other metrics
"A possible interpretation would be that big investors have stocked up on stablecoins and are waiting for better prices."
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by SimonaD | @cryptoquant_official
MVRV at a critical support line!
"MVRV is one of the most effective indicators that can identify long-term highs and lows in Bitcoin price."
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by SignalQuant | @cryptoquant_official
Despite the rally, BTC Velocity is rapidly declining
"BTC Velocity is a kind of turnover rate that indicates how well BTC is circulating in the market. Velocity is currently at its lowest level since August 2020 and is still on a decline."
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by Yonsei_dent | @cryptoquant_official
The recent BTC rally was driven by Derivatives Exchanges, not Spot Exchanges
"There is a tendency for prices to change significantly even with small trading volumes because the overall liquidity in the cryptocurrency market has decreased."
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by MAC_D | @cryptoquant_official
Weekly Fud Buster Dashboard Updates
What has changed in Bitcoin in the past 1 year?
1. Centralized Exchanges
- The bitcoin reserves on non-US exchanges have increased by more than 10%.
- The bitcoin reserves of US-based exchanges have declined by at least 30% and up to 50% or more.
2. Institutions' Accumulation
- Considering the amount withdrawn and the deposit and withdrawal records of the wallets, institutions are continuously buying Bitcoin.
- For example, In August alone, more than 20K $BTC, accounting for roughly 25%, were withdrawn from Gemini.
- 27.7K BTC were withdrawn from Gemini's wallet address: 3Fup
- These Bitcoin were transferred to wallets like 1QB, 1Et, and 35g.
3. Futures Market
- Market participants have significantly increased their exposure to derivative products, with Bitcoin Open Interest also recording the highest ATH since November 2022.
To monitor the real-time bitcoin data updates of the mentioned data, follow our live dashboard.
Live Dashboard | @cryptoquant_official
BTC and ETH prices have fallen, but network security and reliability have increased
"The fact that the price has fallen despite the increase in the intrinsic value of the two assets means that they are undervalued..."
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by MAC_D | @cryptoquant_official
Biggest wipe out of Open Interest hourly resolution in 1.5 years
"Over $2.5B of Open Interest has been wiped out, equivalent to 25% of the total Open Interest. "
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by maartunn | @cryptoquant_official
Short-Term Holders Realized Price (STH RP): A Deeper Look
"The drop from 29,500 to 28,300 in BTC's price is a significant movement that brought the price closer to the realized price of short-term holders, considered a macro support level."
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by onchained | @cryptoquant_official
The possibility that major institutional investors have completed their BTC accumulation
"..if 'Token Transferred' and 'Velocity speed' increase along with price increases in the future, this is likely a precursor to an upward rally."
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by MAC_D | @cryptoquant_official
Why 100k price of Bitcoin is far away from minds?
"This incident shows that the price performance has not been suitable for transferring wealth to new investors and increasing the value of their pockets."
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by Crazzyblockk | @cryptoquant_official
BTC On-Chain Losses Ribbon indicates that so far bullish trend is going smoothly
"In February 2023, a rapid decline in the Ribbon began, signaling a steady development of the bullish trend."
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by BaroVirtual | @cryptoquant_official
Binary CDD remains muted as long-term holders' spending is almost absent
"...they prefer to temporarily wait out the uncertainty and keep most of the coins on the balance of their cold wallets."
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by BaroVirtual | @cryptoquant_official
Why has the power of Bitcoin price growth decreased in recent months?
"Trading volume of Bitcoin in Exchanges as necessary liquidity or vital conditions for price growth and bullish speculation by exchange players."
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by Crazzyblockk | @cryptoquant_official
Fundamentals & On-chain Data
"At the current stage, it is more likely that we have a lot of similarities with the recovery phase and officially returning to the bull market around late 2015 and early 2016."
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by BinhDang | @cryptoquant_official
$ARKM Dashboard Updates
Key updates on $ARKM after the airdrop
1. Basic Information
- Trading crypto intelligence data
- Voting on the strategic direction of Arkham
- Rewarding users for contributing to the ecosystem
2. On-Chain Activities
- The number of active addresses has fallen by 99%, and the transaction volume has fallen by 98%.
- Of the 63.7K wallets that received the airdrop, 95% sold their tokens, and 80% sold all.
- 97% of the 28.9M airdropped tokens were sold, and 80% of those were sold.
3. Top Holders' Behaviors
- laurakornelija (Wallet 0xf0d) received 24.9K $ARKM and sold 24.8K (99.6%), making a profit of over 83 $ETH.
- stablemark.eth received tokens from 430+ wallets and sent about 100K ARKM tokens (55K USD Value) to the exchange.
Our $ARKM Dashboard is free for all sign-in users, and it offers more information such as Price, Market Cap, and Exchange Reserves.
Dashboard | @cryptoquant_official
$BTC Funding Rates Strategy
"The strategy has shown a solid result during the last year, giving areas of overheating and "cooling" of a trend.."
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by Vadym_Za | @cryptoquant_official