Bitcoin miners earned the second highest daily revenue yesterday: $75.9M.
The record is $77.3M on April 14, 2021.– Link
By Julio Moreno | @cryptoquant_official
The record is $77.3M on April 14, 2021.– Link
By Julio Moreno | @cryptoquant_official
Retailers Take Profits Again
“The realization flow of this category of Investors increases the risk of a local top formation accompanies, since these traders provide liquidity for large players to fill orders.” – Link
By G a a h | @cryptoquant_official
“The realization flow of this category of Investors increases the risk of a local top formation accompanies, since these traders provide liquidity for large players to fill orders.” – Link
By G a a h | @cryptoquant_official
Whale Bitcoin Holdings Skyrocket!
Note: We're tracking those with 1k-10k BTC, excluding exchanges and mining pools – Link
By Julio Moreno | @cryptoquant_official
Note: We're tracking those with 1k-10k BTC, excluding exchanges and mining pools – Link
By Julio Moreno | @cryptoquant_official
It’s Not Yet the Peak of the Bull Market
“The number of active addresses rises twice in a cycle, first when a bear market ends and start bull market, and secondly when the market reaches near the peak of the bull market.” – Link
By Crypto Dan | @cryptoquant_official
“The number of active addresses rises twice in a cycle, first when a bear market ends and start bull market, and secondly when the market reaches near the peak of the bull market.” – Link
By Crypto Dan | @cryptoquant_official
In the midst of Bitcoin's current bullish trend, certain metrics have emerged, suggesting the market might be entering an overheated state. Here's what you need to know ⬇️
1️⃣ Market Cycle Analysis: The Bull-Bear Market Cycle Indicator shows the market has entered an Overheated-Bull phase, following the surge in prices beyond the $65K mark. This phase often precedes market corrections.
2️⃣ Miner Profitability: The profitability for miners has reached unprecedented levels, the highest since December 2023. While beneficial for miners, historically, such peaks have preceded market adjustments.
3️⃣ Profit Margins Among Traders: Currently, unrealized profit margins for traders stand at 57%. This figure is significant, as similar levels have historically been indicators of forthcoming market corrections.
4️⃣ Short-term Holder Activity: There's a noticeable trend of short-term holders liquidating their holdings at profit margins not seen since February 2021. This behavior could introduce additional selling pressure into the market.
Live Dashboard | @cryptoquant_official
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AI & On-Chain Driven Analysis: Predicting the End of Bitcoin's Profitable Cycle
“We can speculate that there is a potential possibility that the growth cycle could end in about the next 100-150 days” – Link
By IT Tech | @cryptoquant_official
“We can speculate that there is a potential possibility that the growth cycle could end in about the next 100-150 days” – Link
By IT Tech | @cryptoquant_official
Korea Premium at 2-Year High
“The Korea Premium Index (KPI) is currently at 7.38%, and its trend (14-day average) is 5.30%, which is 'at the highest trend level' in the past two years.” – Link
By SignalQuant | @cryptoquant_official
“The Korea Premium Index (KPI) is currently at 7.38%, and its trend (14-day average) is 5.30%, which is 'at the highest trend level' in the past two years.” – Link
By SignalQuant | @cryptoquant_official
Bitcoin has blown past 70k. It’s gone up +10% in the last seven days and hit a new ATH.
One thing to track is Bitcoin inflows into accumulation addresses.
This is a signal of growing demand from investors. Which has been at high levels, especially this year. – Link
Dashboard by Ki Young Ju | @cryptoquant_official
One thing to track is Bitcoin inflows into accumulation addresses.
This is a signal of growing demand from investors. Which has been at high levels, especially this year. – Link
Dashboard by Ki Young Ju | @cryptoquant_official
Crypto Market Liquidity Surges, Surpasses All-Time High
“The increase in stablecoin supply can indicate purchase demand not only for Bitcoin but also for other coins, and to that extent, the current market atmosphere can be interpreted as positive.” – Link
By Crypto Dan | @cryptoquant_official
“The increase in stablecoin supply can indicate purchase demand not only for Bitcoin but also for other coins, and to that extent, the current market atmosphere can be interpreted as positive.” – Link
By Crypto Dan | @cryptoquant_official
It's Happening Again This Time as Well
“We are seeing a strong price surge once again as it breaks through the accumulation zone.” – Link
By Mignolet | @cryptoquant_official
“We are seeing a strong price surge once again as it breaks through the accumulation zone.” – Link
By Mignolet | @cryptoquant_official
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Every revolution needs a symbol.
Join the movement to put a Bitcoin emoji on keyboards across the globe.
A symbol for our united vision, its global influence, and profound cultural impact, this movement further cements Bitcoin in the mainstream.
Sign the Bitcoin Emoji petition: bitcoinemoji.org
Join the movement to put a Bitcoin emoji on keyboards across the globe.
A symbol for our united vision, its global influence, and profound cultural impact, this movement further cements Bitcoin in the mainstream.
Sign the Bitcoin Emoji petition: bitcoinemoji.org
Leverage, Leverage, Leverage
“The appetite for leverage is through the roof. It is often not a good sign when every single trader agrees that the market is going higher and uses leverage to back their conviction.” – Link
By MadsEberhardt_Steno | @cryptoquant_official
“The appetite for leverage is through the roof. It is often not a good sign when every single trader agrees that the market is going higher and uses leverage to back their conviction.” – Link
By MadsEberhardt_Steno | @cryptoquant_official
BTC Distribution Hasn't Started Yet, we Are Far From it
“BTC % supply in profit over 99%. It can last that way for months in bullmarkets with pullbacks in the middle. We are just getting started.” – Link
By elcryptotavo | @cryptoquant_official
“BTC % supply in profit over 99%. It can last that way for months in bullmarkets with pullbacks in the middle. We are just getting started.” – Link
By elcryptotavo | @cryptoquant_official
Spot ETFs are driving significant demand for Bitcoin, as seen by transfers of assets out of Coinbase to storage wallets.
As long as more Bitcoins are leaving exchanges than entering, it could be harder to find bitcoins to buy, which can lead to a supply shock and potentially drive up prices.
Live Chart | @cryptoquant_official
As long as more Bitcoins are leaving exchanges than entering, it could be harder to find bitcoins to buy, which can lead to a supply shock and potentially drive up prices.
Live Chart | @cryptoquant_official
Ethereum’s Signs of Strength
“A decrease in the exchange reserves means there isn’t much selling pressure in the Ethereum market. If this steep downtrend continues, the price could go up even further.” – Link
By SimonaD | @cryptoquant_official
“A decrease in the exchange reserves means there isn’t much selling pressure in the Ethereum market. If this steep downtrend continues, the price could go up even further.” – Link
By SimonaD | @cryptoquant_official