🚀 SOL Holdings on Centralized Exchanges Drop Significantly
#SOL #CentralizedExchanges #Blockchain #Cryptocurrency #DataAnalysis #Glassnode #Murphy
According to BlockBeats, on-chain data analyst Murphy, referencing Glassnode data, reported a substantial decrease in SOL balances on centralized exchanges. Since early March this year, the SOL holdings have declined from 37.22 million to 27.01 million, marking a 27.4% reduction. This decrease brings the balance close to the lowest point observed in October 2022.#SOL #CentralizedExchanges #Blockchain #Cryptocurrency #DataAnalysis #Glassnode #Murphy
🚀 Bitcoin's Market Structure Shows Significant Accumulation Zone
#Bitcoin #URPD #MarketStructure #OnChainData #AccumulationZone #BlockBeats #Murphy #BTC #STHRP #BitcoinPrice #CryptoAnalysis
According to BlockBeats, on-chain data analyst Murphy has released an analysis of the market's chip structure. A month ago, a rapid increase in Bitcoin's price led to a lack of trading activity in the $112,000 to $114,000 range, creating a gap in the Unspent Realized Price Distribution (URPD). Typically, such gaps in URPD are eventually filled.
As of August 27, the gap between $112,000 and $114,000 has been completely filled, linking previously separate high and low chip accumulation zones. This has resulted in a large accumulation zone spanning from $93,000 to $118,000, containing 5.59 million BTC. This indicates that over 5 million BTC were purchased within this price range in the past nine months since November 20, 2024, accounting for 28% of the total circulation. Excluding long-term locked chips, such as lost coins and those held by Satoshi Nakamoto, this percentage is even higher.
In the absence of unexpected 'black swan' events, it is unlikely that Bitcoin's price will break through this range. Currently, Bitcoin is supported at the STH-RP level of $108,000, with additional support at $104,000, where 42 BTC are held. The URPD now shows no significant gaps, except for a minor one between $72,000 and $80,000. This analysis is intended for educational purposes and not as investment advice.#Bitcoin #URPD #MarketStructure #OnChainData #AccumulationZone #BlockBeats #Murphy #BTC #STHRP #BitcoinPrice #CryptoAnalysis
🚀 SOL Token Distribution Analysis Highlights Potential Price Movement
#SOL #Solana #TokenDistribution #OnChainData #BlockBeats #Murphy #CryptoAnalysis #PriceMovement #Accumulation #ProfitTaking #URPDChart #SupportLevel #SolPrice #OliveShape
According to BlockBeats, on-chain data analyst Murphy has released an analysis of the SOL token distribution structure. The distribution resembles an olive shape, with significant accumulation in the middle and less at the ends. Centered around the current price of $203, 7% of SOL is accumulated within the 20% price range above ($203 to $242), while 39.2% is accumulated within the 20% price range below ($162 to $203).
If the SOL price continues to rise, the primary selling pressure is expected to come from profit-taking of the lower accumulated tokens, as there are few tokens trapped at higher prices. Recent fluctuations have led to substantial turnover in the -20% price range, raising the average cost for all participants. Therefore, theoretically, selling pressure should not be significant when some profit is realized. The last significant volume bar on the URPD chart is at $144, suggesting that the main cost for those who entered during the pullback is likely above $144. If the expected profit margin is not reached, these SOL tokens are unlikely to be sold quickly. This analysis is intended for educational purposes and should not be considered investment advice.#SOL #Solana #TokenDistribution #OnChainData #BlockBeats #Murphy #CryptoAnalysis #PriceMovement #Accumulation #ProfitTaking #URPDChart #SupportLevel #SolPrice #OliveShape
🚀 Market Experiences Low Volatility and High Concentration Period
#market #lowvolatility #highconcentration #sthrp #shorttermholders #onchaindata #blockbeats #murphy #february2025 #may2025 #sidewaystrading #marketshift #cryptomarket
According to BlockBeats, on-chain data analyst Murphy has reported that the market is currently experiencing a period of low volatility and high concentration. The seven-day change rate of the Short-Term Holder Realized Price (STH-RP) is only 0.69%, indicating that short-term investor participation has reached a low point. This situation mirrors the market conditions observed during the sideways trading periods in February and May 2025, suggesting that a market shift may be imminent.#market #lowvolatility #highconcentration #sthrp #shorttermholders #onchaindata #blockbeats #murphy #february2025 #may2025 #sidewaystrading #marketshift #cryptomarket
🚀 Bitcoin's Potential Trend Adjustment Analyzed by On-Chain Data Expert
#Bitcoin #BTC #OnChainData #LongTermHolders #ShortTermHolders #MarketCorrection #TrendAdjustment #PriceAnalysis #BlockBeats #Murphy
According to BlockBeats, on-chain data analyst Murphy has suggested that if Bitcoin's fluctuations since August 13 are viewed as a major trend adjustment, the adjustment may not yet be complete. So far, all losses have been attributed to short-term holders, while long-term holders have not contributed to the losses, maintaining a 0% loss ratio. From this perspective, the current situation does not align with the most panic-driven moments of a downward trend.
On-chain data indicates that the point at which long-term holders might experience panic is not far off. The highest holding cost for long-term holders is approximately $106,000, but they possess limited assets. As Bitcoin enters the $97,000 to $106,000 range, an increasing number of long-term holders are likely to enter a loss state, potentially marking the bottom of a trend correction. This analysis is intended for educational purposes and should not be considered investment advice.#Bitcoin #BTC #OnChainData #LongTermHolders #ShortTermHolders #MarketCorrection #TrendAdjustment #PriceAnalysis #BlockBeats #Murphy
🚀 Bitcoin's Long-Term Holders Reduce Holdings Amid Strong Market Demand
#Bitcoin #LongTermHolders #BTC #MarketDemand #SellOff #BullMarket #Cryptocurrency #BitcoinPrice #BlockBeats #Murphy
According to BlockBeats, analyst Murphy has highlighted a significant shift in Bitcoin holdings among long-term holders (LTH) since July 7, 2025. Over this period, the total number of Bitcoins held by LTHs has decreased by 363,000. However, the actual distribution of BTC by these holders is much larger, totaling 2.57 million BTC, which represents 13% of the total circulating supply sold within four months.
Despite this substantial sell-off, Bitcoin's price has only seen a minor fluctuation of $2,000 since July 7, 2025. This indicates that while the market has faced considerable selling pressure, the demand has been equally robust, preventing a significant price drop.
Murphy concludes that the current market conditions suggest a continuation of the bull market rather than a transition to a bear market.#Bitcoin #LongTermHolders #BTC #MarketDemand #SellOff #BullMarket #Cryptocurrency #BitcoinPrice #BlockBeats #Murphy
🚀 Market Dynamics Indicated by BTC Address Cost Distribution
#BTC #MarketDynamics #AddressCostDistribution #OnChainAnalysis #CBDQuantiles #Murphy #BTCPrice #HoldingCost #Turnover #Cryptocurrency
According to Odaily, on-chain analyst Murphy has highlighted the significance of the CBD Quantiles chart in analyzing the distribution and movement of market holdings by dividing the buying costs of addresses. The purple line on the chart represents the 65th percentile cost basis, indicating that 65% of BTC addresses have a holding cost below this value.
A rapid decline in the high percentile line coupled with an upward movement in the low percentile line suggests that higher-priced holdings are being acquired by lower-priced funds, indicating a turnover of holdings. Currently, it is crucial for the BTC price to maintain support at the purple line, as this implies that a majority of addresses (65%) are still in a profitable position.
In the previous cycle, BTC prices entered a prolonged downward trend after breaking below the purple line support.#BTC #MarketDynamics #AddressCostDistribution #OnChainAnalysis #CBDQuantiles #Murphy #BTCPrice #HoldingCost #Turnover #Cryptocurrency
🚀 Crypto Trading Strategy: Timing the Market Amid Volatility
#CryptoTrading #MarketTiming #Volatility #CryptoStrategy #Murphy #Liquidity #MarketPanic #TransactionalTrading #Cryptocurrency
Crypto KOL Murphy posted on X, expressing a perspective on trading strategies in the cryptocurrency market. According to Murphy, setting aside public opinion and personal biases, it is not incorrect to sell during periods of high liquidity and buy during times of market panic. Murphy suggests that such strategies are purely transactional and should not be criticized without valid reasons.#CryptoTrading #MarketTiming #Volatility #CryptoStrategy #Murphy #Liquidity #MarketPanic #TransactionalTrading #Cryptocurrency
🚀 Investment Strategies Discussed by Crypto Influencers
#InvestmentStrategies #CryptoInfluencers #CryptoMarket #Murphy #X #thecryptoskanda #Hertzflow_xyz #KuiGas #DecisionMaking #CryptoKOL
Crypto KOL Murphy posted on X about a recent discussion involving influencers @thecryptoskanda, @Hertzflow_xyz, and @KuiGas. The conversation centered around key investment strategies, highlighting four major approaches to decision-making in the crypto market. Murphy expressed regret over missing the event, noting the valuable insights shared by the participants.#InvestmentStrategies #CryptoInfluencers #CryptoMarket #Murphy #X #thecryptoskanda #Hertzflow_xyz #KuiGas #DecisionMaking #CryptoKOL
🚀 Gift from Taiwan Highlights Thoughtful Connection
#GiftFromTaiwan #CryptoKOL #Murphy #TaiwaneseSpecialties #ThoughtfulConnection #Belle #0xGummyBear #InternationalGift #HeartfeltGesture #YearOfTheHorse #PurpleIllustrations #MarketAnalyses #SincereNature #Gratitude
Crypto KOL Murphy posted on X about receiving a special gift from a Taiwanese friend, Belle, known as @0xGummyBear. This marked Murphy's first international package from Taiwan, featuring local specialties. Particularly cherished was a beautifully written card, reflecting Belle's meticulous and sincere nature. Murphy noted that Belle's writing style mirrors her social media posts, which often include purple-themed illustrations that provide warmth amidst market analyses. While the gift will eventually be unwrapped and time will pass, the heartfelt gesture will remain cherished. Murphy expressed gratitude and extended wishes for a prosperous Year of the Horse, filled with light and adventure.#GiftFromTaiwan #CryptoKOL #Murphy #TaiwaneseSpecialties #ThoughtfulConnection #Belle #0xGummyBear #InternationalGift #HeartfeltGesture #YearOfTheHorse #PurpleIllustrations #MarketAnalyses #SincereNature #Gratitude
🚀 Bitcoin Trading Patterns Show Unique 'U-Shaped' Structure
#Bitcoin #Crypto #Murphy #URPD #BTC #TradingPatterns #UStructure #BullMarket #SupportLevel #BearMarket #WShape #BitcoinAnalysis #CryptoTrading #BitcoinPrice
Crypto KOL Murphy posted on X that recent data from URPD indicates a significant shift in Bitcoin trading patterns. Over the past week, 1.71 million BTC changed hands in the $63,000 to $68,000 range, up from 1.53 million BTC, suggesting that bulls have acquired 180,000 BTC in this period. This activity contrasts with the accumulation of 1.89 million BTC in the $87,000 to $92,000 range, creating a unique 'U-shaped' structure with a gap in the $71,000 to $80,000 range. This gap indicates that during the last price surge in October 2024, Bitcoin quickly surpassed this range without significant trading, and similarly, it dropped rapidly during the recent decline.
The $63,000 to $68,000 range is becoming increasingly robust, indicating that some investors see value in Bitcoin at these prices, potentially providing support. As long-term holders reduce their selling, there is potential to challenge the aforementioned gap again.
Below $63,000, the only significant accumulation is at $16,000, where 391,000 BTC remain untouched since the last bear market bottom. It is unlikely that Bitcoin will return to $16,000 in this cycle. If the $63,000 to $68,000 range is breached, predicting the next support level is challenging. It will depend on where bulls establish a new defense, potentially forming a 'W-shaped' structure with the current accumulation zone, which would be a remarkable phenomenon.#Bitcoin #Crypto #Murphy #URPD #BTC #TradingPatterns #UStructure #BullMarket #SupportLevel #BearMarket #WShape #BitcoinAnalysis #CryptoTrading #BitcoinPrice
🚀 Senator Murphy Criticizes White House Over Prediction Market Profits
#Murphy #WhiteHouse #PredictionMarkets #Polymarket #NS3AI #Iran #MiddleEast #USMilitary #NationalSecurity #Ethics #Legislation #Congress
Senator Chris Murphy has raised concerns about White House insiders allegedly profiting from advance knowledge of U.S. military strikes on Iran through prediction markets. According to NS3.AI, blockchain analytics have uncovered coordinated bets placed via Polymarket shortly before the attacks, resulting in profits exceeding $1 million. This situation has sparked calls for legislative action to prohibit prediction markets that enable trading on sensitive government decisions, citing ethical and national security risks.#Murphy #WhiteHouse #PredictionMarkets #Polymarket #NS3AI #Iran #MiddleEast #USMilitary #NationalSecurity #Ethics #Legislation #Congress